OPEC Commits To Long-term Market Stability

The Organisation of Petroleum Exporting Countries (OPEC) has expressed deep commitment to long-term market stability over political considerations. OPEC’s secretary general, Haitham Al Ghais, on Tuesday at the India Energy Week conference dropped the proposal, saying, this stance comes in response to U.S. President Donald Trump’s calls for increased oil production to lower prices. Al [...]

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