[size=36]The Minister of Oil announces the agreement of the OPEC countries to adhere to the production rates and the quantities of the planned cuts[/size]
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Baghdad - Mawazine News
, Deputy Prime Minister and Minister of Oil, Hayan Abdul-Ghani, affirmed the commitment of OPEC member states to production rates and to the percentages and quantities of cuts decided until the end of 2023. The
ministry stated in a statement, which Mawazine News received a copy of, that "the minister participated in the ministerial meeting of member states." In the Organization of Petroleum Exporting Countries "OPEC" via the electronic circuit.
Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani said, "The meeting affirmed the keenness of OPEC members to work to stabilize oil markets and achieve the required balance."
And Abdul-Ghani indicated that, "The meeting program included a discussion and review of oil market developments, in addition to discussing a number of axes included in the meeting's agenda and taking decisions on them."
On the ministerial meeting of “OPEC Plus,” the Minister of Oil said, “The meeting will be held tomorrow, Sunday, via the electronic circuit, and includes a review of developments in the oil market and the challenges facing producers, and an emphasis on the decisions of “OPEC Plus” regarding reducing production to the prescribed quantities, to achieve more stability and balance. to the oil market.” Ended 29 / h