OPEC Targets Crude Price Stability

Iraqi Deputy Oil Minister, Fayadh al-Nema

OPEC Targets Crude Price Stability

Iraqi Deputy Oil Minister, Fayadh al-Nema, said on Wednesday that the Organization of the Petroleum Exporting Countries (OPEC) would work to stabilise oil markets, crude prices and supplies at its next meeting.

“OPEC and non-OPEC producers will work together to restore balance to oil prices and supplies to make sure prices stay stable,” he told journalists at an oil exploration conference in Baghdad.

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