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The output and decision on production cuts in the latest OPEC meeting

The output and decision on production cuts in the latest OPEC meeting

The Deputy Prime Minister for Energy and Minister of Oil, Thamer Ghadhban described the harmony of producers from the OPEC and outside the commitment to the agreement to decline production in support of oil prices and stability in the oil market. He pointed out the signs of the increase in global stocks in spite of sanctions on some countries. The statement came after the closure of the 13th meeting of the Joint Ministerial Committee, which was held in the Azerbaijani…

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