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- Kuwait’s Oil Minister: OPEC+'s decisions based on oil market data and to ensure market stability
Kuwait’s Oil Minister: OPEC+'s decisions based on oil market data and to ensure market stability
Following a meeting where the OPEC and its allies (OPEC+) decided to continue its existing policy, Kuwait's Oil Minister Bader al Mulla said late Sunday that OPEC+'s decisions are based on oil market data and ensure the market's stability.
He added that the impact of slow global economic growth, soaring inflation and high -nterest rates on oil demand are a cause for "continuous caution".
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