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"Successful" OPEC+ Efforts  Stabilise Global Oil Market: Russia, GCC

OIL

A joint statement from top diplomats from Russia and the Gulf Arab states on Monday praised "the successful" efforts of OPEC+ members to contributed to the stability of the global oil market.

  • The ministers stressed the importance of continuing OPEC+ efforts, "and the need for all participating countries to adhere to the OPEC+ agreement, in a way that serves the interests of producers, consumers, and supports the growth of the global economy.”
  • The two sides also agreed to work on developing energy resources' supply chains, according to the statement issued by the Cooperation Council for the Arab States of the Gulf (GCC).

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