OPEC+ decision to extend oil production cuts until the end of 2024 may cause an increase in global oil prices due to the possible imbalance of supply and demand, Japanese Chief Cabinet Secretary Hirokazu Matsuno said on Monday. “We know that the OPEC+ meeting [on June 4] has decided to ...
Iranian President Ebrahim Raisi has stressed the need for the OPEC member states to exercise unity in the face of divisive attempts of Western countries which seek their own interests. Speaking in a meeting in Tehran on Saturday with OPEC Secretary General Haitham Al Ghais, President Raisi referred to constructive ...