OPEC+ expressed concern about the lack of investment in the oil industry

2022-10-05T19:13:39+03:00

2022-10-05T19:13:39+03:00

2022-10-05T19:13:39+03:00

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OPEC+ expressed concern about the lack of investment in the oil industry

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OPEC+ is concerned about the lack of investment in the oil industry, as well as the fall in demand for oil in the current environment, UAE Energy Minister Suheil al-Mazrui said. “We are concerned… PRIME, 05.10.2022

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OPEC+ expressed concern about the lack of investment in the oil industry

OPEC meeting in ViennaOPEC meeting in Vienna

MOSCOW, 5 Oct – PRIME. OPEC+ is concerned about the lack of investment in the oil industry, as well as the fall in demand for oil in the current environment, UAE Energy Minister Suheil al-Mazrui said.

OPEC

OPEC+ to cut oil production by 2 million barrels a day

“We are concerned about the lack of investment (in the industry – ed.), and I think we are concerned about the lack of demand in the current environment,” the minister said at a press conference following the OPEC + meeting, at which it was decided to cut production from November immediately to 2 million barrels per day.


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