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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Saudi Govt Hails OPEC+’s Pivotal Role in Achieving Balance, Stability in Oil Markets

Custodian of the Two Holy Mosques King Salman bin Abdulaziz chairs a cabinet meeting in Jeddah on Tuesday. (SPA)

The Saudi government praised on Tuesday the pivotal role played by OPEC+ in achieving balance and stability in the global oil markets, and consequently, supporting the world economy.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the cabinet meeting that was held in Jeddah.

The ministers reviewed the discussions held at the 33rd OPEC and non-OPEC Ministerial Meeting.

They were briefed on the messages received by King Salman and Prince Mohammed bin Salman, Crown Prince and Prime Minister, from South Korean President Yoon Suk-yeol that tackled bilateral ties between their countries and ways of bolstering them in various fields.

The cabinet addressed Riyadh’s hosting of a regional office of the Airports Council International Asia-Pacific.

They said it reflects Saudi Arabia’s progress in the aviation sector globally in line with the objectives of Vision 2030 in attracting international companies and organizations to establish their headquarters in the Kingdom.

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