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Saturday, July 5, 2025 17:26 GMT

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Kuwaiti Minister: OPEC+ Decisions Based on Oil Market Data


OPEC+'s decisions are based on oil market data and ensure the market's stability, Kuwait's oil ministry said in a statement on state news agency KUNA, following a meeting where the group decided to continue its existing policy.

The impact of slow global economic growth, soaring inflation and high interest rates on oil demand are a cause for "continuous caution", oil minister Bader al Mulla said.


published:05/12/2022 05:41 GMT

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