OPEC called on oil producers to support the stability of this market in 2019

OPEC urges oil producers to maintain the stability of this market in 2019, according to the OPEC monthly report.

“Although it is expected that the demand for oil in 2019 will grow at a moderate pace, it is still far below the expected growth in oil production in non-cartel countries for this year. This underlines the continued overall responsibility of all participating producing countries to avoid a repetition of market imbalances and continue to maintain the stability of the oil market in 2019, ”the report says.

March 18 will be the 13th Ministerial Meeting of OPEC and non-OPEC member countries.

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