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 The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices or bring them down, OPEC Secretary General Mohammad Barkindo said on Saturday. Moreover, the secretary general stated that the stability of oil prices globally is the responsibility of all oil producing nations in accordance with the market, and the laws of supply and demand.

OPEC’s Barkindo says common objective with non-OPEC partners is market stability

 The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices or bring them down, OPEC Secretary General Mohammad Barkindo said on Saturday. Moreover, the secretary general stated that the stability of oil prices globally is the responsibility of all oil producing nations in accordance with the market, and the laws of supply and demand.

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