Austria: OPEC oil ministers support new output cuts by Saudia Arabia, Russia, Algeria
VIENNA, July 6 (NNN-XINHUA) — Energy and oil ministers from the Organization of Petroleum Exporting Countries (OPEC) on Wednesday expressed support for the latest production cuts by Saudi Arabia, Russia, and Algeria.
Saudi Arabia and Algeria are among OPEC’s 13 member states, and Russia is one of the organization’s 10 allies. The 23 countries form an oil-producer alliance called the “OPEC+.”