Arqab reviews oil market with OPEC chief
The Minister of State and Petroleum Minister, Mohamed Arkab, discussed with the Secretary General of OPEC, Haitham Al-Ghais, the developments in the global oil market and the challenges it faces. The meeting focused on cooperation between OPEC member states and outside producers within the framework of "OPEC+", as well as the governance of the organization and the development of mechanisms to enhance the stability of the oil market. They also addressed the tenth anniversary of the Algeria Agreement, signed on September 28, 2016, which laid the foundations for strengthened cooperation among producing countries, with an emphasis on Algeria's role in this effort to ensure cohesive coordination and global market stability. Arkab affirmed that unity and ongoing cooperation are essential to support the balance of the global oil market, highlighting Algeria's effective contribution within the organization.
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