 Home > Chemicals Industry > Petrochemical News > Saudi Arabia and Iraq agreed to coordinate and balance supply and demand in the oil market

Saudi Arabia and Iraq agreed to coordinate and balance supply and demand in the oil market

 Last Update: 2023-01-01
 Source: Internet
 Author: User

Tags

group 4

2 heating oil

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Saudi Arabia's and Iraq's energy ministers met in a statement, stressing the importance of
sticking to OPEC+ production cuts that will last until the end of 2023, Oil & Gas News reported on November 27.

Iraqi Energy Minister Hayan Abdel Ghani began his visit to Saudi Arabia on Wednesday to meet with Saudi Energy Minister Mohammed Salman
.

According to the statement, the parties also noted the ability to take further measures if necessary to achieve balance and stability
in the market.

OPEC+, made up of OPEC members and their allies, will next meet in Vienna on December 4
.

At its last meeting, on Oct.
5, OPEC+ agreed to cut production by 2 million barrels
per day.

Salman said earlier this week that the group remains prepared to take further steps to balance supply and demand if necessary
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Solvent Degreaser CAS 64742-49-0, High Pure 2-Dimethylaminoisopropyl chloride hydrochloride CAS 4584-49-0 top quality

CAS No.: 64742-49-0

Industrial Grade

$1000-1100/KG FOB

Hydrocarbons, C7, n-alkanes, isoalkanes, cyclics

CAS No.: 64742-49-0

Different Grade

$0.1/KG EXW

Distillates, petroleum, steam-cracked, polymd.

CAS No.: 68131-77-1

Industrial Grade or Medical grade

$1/MT EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.