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The Secretary-General of the Organization: The decision of OPEC + is proactive and considered, and was taken unanimously by 23 countries
Shafaq News/ The Secretary-General of OPEC, Haitham Al-Ghais, said on Friday that its decision to reduce oil production is considered and was taken unanimously by member states.
In a statement to the Saudi-funded Al Arabiya satellite channel, Al-Ghaid said that the OPEC + decision carries wide flexibility to deal with the expected economic uncertainty.
He explained that the decisions of OPEC + aimed at balancing supply and demand, not prices, adding that the decision was proactive and thoughtful and was taken unanimously by 23 countries.
Al-Ghaid also indicated that the organization does not take sides with one party against another, and we are not a political organization, stressing that the organization is working to ensure oil flows.
On Wednesday, the Organization of (OPEC +) agreed to a new reduction in oil production, while oil prices rose in the US global market.
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In a statement to the Saudi-funded Al Arabiya satellite channel, Al-Ghaid said that the OPEC + decision carries wide flexibility to deal with the expected economic uncertainty.
He explained that the decisions of OPEC + aimed at balancing supply and demand, not prices, adding that the decision was proactive and thoughtful and was taken unanimously by 23 countries.
Al-Ghaid also indicated that the organization does not take sides with one party against another, and we are not a political organization, stressing that the organization is working to ensure oil flows.
On Wednesday, the Organization of (OPEC +) agreed to a new reduction in oil production, while oil prices rose in the US global market.
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