Al-Falih noted that a number of significant measures have been implemented to stabilize and balance the global oil market within the last year. “It is due to the successful cooperation established within the OPEC and OPEC+ format that we have today achieved the reasonable oil prices,” he said.
“It is remarkable that this meeting is being held here in Baku, the homeland of oil. Today, Azerbaijan is an active participant of the cooperation within OPEC+ format,” the Saudi minister added.
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