Manama, October 16 (BNA) The Minister of Oil and Environment and Special Envoy for Climate Affairs, Dr. Muhammad bin Mubarak bin Dina, confirmed that the OPEC + decision to reduce oil production by two million barrels per day in November comes after a consensus. among all member states of the alliance. He pointed out that the decision came after specialized technical studies related to the developments of the global oil market.
The minister highlighted the importance of this decision and what was agreed upon during the last OPEC meeting, which was based on information and economic studies related to supply and demand in global oil markets.
Dr. Bin Dina stressed the commitment of member states to ensuring market stability in managing global oil and energy supplies, noting that any developments in the market will be monitored in future meetings to ensure the stability of global markets and supply and demand.
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