Kuwait, The Kuwaiti Ministry of Foreign Affairs has praised the pivotal role and contributions of the Kingdom of Saudi Arabia in facing regional and international challenges in a way that preserves joint interests of countries, maintains international peace and security, and supports balance of oil markets and the global economic stability.
In a statement on Tuesday, the ministry said: “The decision made by OPEC+ was a result of pure economic studies that took into consideration balance between supply and demand in international oil markets in a way that protects these market form volatilities and serves the interests of producers and consumers alike, noting that the decision was made unanimously by all OPEC+ member states as per the prevailing norms in international organizations.”
Source: Saudi Press Agency