5 Hrs
Source:
الراي
Al-Ghais emphasizes trust and unity in stabilizing oil markets
OPEC Secretary-General Haitham Al-Ghais explained that the stability of the oil market depends on trust, approved mechanisms, and the solidarity of countries during crises. He emphasized that cooperation among nations is essential to achieve market balance. He also confirmed that the Algeria Agreement, signed ten years ago, represents a strategic and fundamental turning point for restoring stability to the global oil market and establishing the OPEC+ alliance. Al-Ghais stressed the importance of dialogue and collaboration in light of current challenges and highlighted Algeria's leadership in supporting the organization's role in enhancing price stability and securing global supplies.
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