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Oman’s energy minister has explained that Opec+ decisions are based on purely economic considerations and realities of supply and demand in the market. Additionally, Bahrain's Minister of Oil and Environment, Special Envoy for Climate Affairs, Mohamed bin Mubarak bin Dainah said the decision comes after consensus among all members states in the alliance. These statements are in an effort to clarify that production cuts were not enforced because of geopolitical ties, as suggested by the United States, but were purely done for economic stability.

Opec+ decisions are crucial to market stability, say Omani and Bahraini oil ministries

Oman’s energy minister has explained that Opec+ decisions are based on purely economic considerations and realities of supply and demand in the market. Additionally, Bahrain’s Minister of Oil and Environment, Special Envoy for Climate Affairs, Mohamed bin Mubarak bin Dainah said the decision comes after consensus among all members states in the alliance. These statements are in an effort to clarify that production cuts were not enforced because of geopolitical ties, as suggested by the United States, but were purely done for economic stability.

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