OPEC Secretary-General Haitham al-Ghais said on Wednesday the organization was ready “intervene in favor of the oil marketsSaudi Arabia-owned Al-Arabiya TV reports, quoting Ghais as saying OPEC is aware, cautious and monitoring global economic developments.

In early October, OPEC+ announced plans to do so Reduction of oil production by 2 mb/d production level required in November 2022 from August 2022, a move that angered President Joe Biden, who berated the organization…



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