Bahraini Oil Minister: The decision of “OPEC +” to cut production came by consensus and unanimity

The Bahrain News Agency quoted Oil Minister Mohammed bin Mubarak as saying, on Sunday, that the “OPEC +” decision to reduce oil production came by consensus and consensus among all member states. The minister added that member states are keen to take decisions aimed at stabilizing oil markets, and that during the upcoming meetings, any economic developments will be studied to ensure the stability of global markets and supplies and the balance between the interests of producers and consumers. Purely economic and on the realities of supply and demand in the market. The ministry added, in a statement on Sunday, that the decision to reduce “OPEC +” production is important and necessary to reassure the market and support its stability, noting that the work mechanisms of the “OPEC +” group require that its decisions be taken by consensus and unanimously by all member states.