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OPEC: The stability of the oil market is a positive step on the economy around the world
A report by the Organization of Petroleum Exporting Countries (OPEC) said that the stability of the oil market led to more confidence in the industry and had a positive impact on the global economy and trade around the world.
OPEC Secretary-General Mohamed Barkindo was quoted as saying that we are committed to optimism after we have achieved much in the past period, stressing that the best days of the industry are coming in the near future.
Barkindo pointed out that to ensure this future, the focus should be on achieving sustainable stability in the market with a healthy balance between supply and demand to meet the aspirations of both producers and consumers and make them satisfied with the status of the industry.
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