The OPEC decision to limit oil production is logical and timely, according to Haitham Al-Ghais, the organization’s secretary general.
The oil-exporting OPEC+Group decided to cut oil production by two million barrels per day beginning in November during its meeting on October 5.
Additionally, according to the “Wall Street Journal,” US officials “said that they were astonished by the level of reduction, thinking that OPEC would only reduce by a million barrels per day.
“According to Novosti.
OPEC Secretary-General: Timely and Appropriate Action in Decreasing Oil Production
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