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Saudi cabinet reaffirms support for OPEC+ precautionary measures to stabilise oil market

Jun 28, 2023Jun 28, 2023

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo Acquire Licensing Rights

DUBAI, Aug 8 (Reuters) - Saudi Arabia's cabinet said on Tuesday that it reaffirms its support for precautionary measures by the Organization of Petroleum Exporting Countries and its allies, known as OPEC+, to stabilise the oil market, state media reported on Tuesday.

Reporting by Nayera Abdallah; Writing by Nadine Awadalla; Editing by Louise Heavens

Our Standards: The Thomson Reuters Trust Principles.

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