- Kuwait Oil Minister Bakheti Al Rashidi hopes that the mechanism for controlling oil production will be agreed at the meeting of OPEC + in Algiers
Market news
22 August 2018
Kuwait Oil Minister Bakheti Al Rashidi hopes that the mechanism for controlling oil production will be agreed at the meeting of OPEC + in Algiers
Kuwait Oil Minister Bakheti Al Rashidi said that the meeting in Algiers will consider the volume of production by OPEC members and countries outside the cartel, and by the end of this year an agreement will be reached on the mechanism for controlling production in the next year.
According to his forecasts, by the end of this year the situation on the world oil market will remain "stable".
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