VIENNA, July 2 -- Ten non-OPEC oil producing countries led by Russia endorsed on Tuesday the decision by the Organization of the Petroleum Exporting Countries (OPEC) to extend production cuts until next March.
They made the agreement during the 6th OPEC and non-OPEC Ministerial Meeting held here in Austrian capital.
In view of the underlying uncertainties and their potential impact on the global oil market, the meeting decided to extend the decision on "voluntary production adjustments" for an additional nine months to March 31, 2020, OPEC said in a press release.
"After heavy deliberations, we have come to the unanimous decision that we have to continue with our cooperation and maintain production cuts for another nine months," said Russian Minister of Energy Alexander Novak through an interpreter at the press conference after the meeting.
The ministers also decided to keep the maximum level of the cuts (1.2 million barrels per day) intact in order to maintain stability and avoid the future build-up of inventories, he said.
The energy alliance between OPEC and the so-called OPEC+ partners, including Russia, has been reducing oil output since 2017 in order to prevent prices from dropping sharply amid soaring production in the U.S., which has surpassed Russia and Saudi Arabia to become the world's top producer.
The OPEC also formally signed with the OPEC+ partners a new charter of cooperation, which Saudi Energy Minister Khalid al-Falih called "one of history's strongest producer partnerships, spanning the entire world, from east to west, and which has committed itself to promoting market stability on an ongoing basis."
Novak said the charter would provide a platform for the participants to hold regular meetings and to "react if necessary" to changing market conditions.
"We do not shape our strategy in response to U.S. actions; we shape our actions in response to what the market does," he said.
OPEC Secretary General Mohammed Barkindo compared the new accord to a marriage "for eternity".
"We are confident that with the course of time, probably by next time we meet, we may have some new members joining the charter," he said.
考研英语作文的高级词汇
考研英语满分的作文
2015考研英语作文范文104科幻书的好处
2015考研英语作文范文118高中生可以自主选择课程
2015考研英语作文范文95家庭和朋友谁影响你
2015考研英语作文范文127学校该如何合理利用资金
考研英语作文的谚语汇总
考研英语小作文题目及范文
考研英语二作文的范文
2015考研英语作文范文79快节奏还是慢节奏的生活
2015考研英语作文范文65天赋还是勤奋决定成功
考研英语的作文应用文写作
2015考研英语作文范文121你希望学校有什么改变
考研英语作文怎么提高
考研英语作文的摘要辅导
考研英语的高分作文连词总结
2015考研英语作文范文96安排自己的空闲时间
2015考研英语作文范文56永不放弃
2015考研英语作文范文86你喜欢手工还是机器制作
2015考研英语作文范文99循规蹈矩还是充满变化的生活
2015考研英语作文范文88成功最重要的品质是什么
考研英语优秀作文的汇总
2015考研英语作文的模拟题
2015考研英语作文范文83选什么东西参加展览
2014年考研英语作文的模块
考研英语的作文万能开头
考研英语的作文主题词汇总
2015考研英语作文范文100着装影响人们的举止
2015考研英语作文范文89选哪种交通工具旅游
2014考研英语作文的常用语句
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |