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3/29, 9:29 AM (Source: TeleTrader)
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OPEC+ to keep politics out of decisions - Saudi oil min

Saudi Arabian Energy Minster Province Abdulaziz bin Salman said on Tuesday that OPEC+ intends to keep politics out of its decisions.

"When it comes to OPEC+, I would take that privilege of saying I've been at it for 35 years, and I know how we managed to compartmentalize our political differences from what is for the common good of all of us," the minister told CNBC and noted that "everybody leaves his politics at the outside door" during OPEC+ meetings.

Earlier, United Arab Emirates Energy Minister Suhail al-Mazroui said that Russia is an irreplaceable member of the OPEC+ despite its role in the conflict in Ukraine. Both Saudi Arabia and the UAE have urged Russia to end its intervention in Ukraine but refused to end cooperation with Moscow despite calls from the West to end dependence on Russian energy.

Baha Breaking News (BBN) / NP