Saudi cabinet emphasizes ‘pivotal role’ of OPEC+ in achieving balance in oil markets
The Saudi cabinet emphasized on Tuesday “the pivotal role” of OPEC+ in achieving balance and stability in global oil markets, state media reported.
OPEC+, which includes the 13 members of OPEC and 10 allies led by Russia, agreed on Wednesday to lower their output target by 2 million barrels per day.
The decision was criticized by the United States where the White House said it was a sign the group was aligning itself with Russia.
The decision was criticized by the United States where the White House said it was a sign the group was aligning itself with Russia.
