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OPEC China Talks Highlight Oil Partnership
The Secretary General of OPEC, Haitham Al-Ghais, emphasized that the organization's meeting with China reflects the importance of the partnership between the two sides in supporting the stability of global oil markets and enhancing energy security, especially as global energy demand continues to grow. He clarified that cooperation with China, which plays a pivotal role in supporting global economic growth, strengthens coordination regarding market developments and future needs, and opens opportunities to boost investments in the oil sector. He also noted that OPEC's 2026 report projects China will remain one of the largest contributors to oil demand until 2050, with the next meeting scheduled to be held in Vienna in 2027.
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