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Business Energy

OPEC Sec Gen says oil markets are going through ‘great fluctuations’

OPEC Secretary Al Ghais expressed his full confidence in the organisation’s decision



OPEC on Wednesday cut its 2022 forecast for growth in world oil demand for a fourth time since April and also trimmed next year's figure, citing slowing economies and high inflation.
Image Credit: Supplied

Dubai: OPEC Secretary General Haitham Al Ghais said on Sunday that “oil markets are going through a stage of great fluctuations” during his two-day visit to Algiers.

Al Ghais added that the goal of OPEC and producers outside the organisation is to maintain market stability.

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