OPEC and China expressed their commitment to working together to stabilize the global oil market.
At the sixth High-level Meeting of the OPEC-China Energy Dialogue in the Chinese capital Beijing, OPEC and China renewed their commitment to working together towards the objective of oil market stability, which supports global economic growth and sustainable development.
The OPEC + group, which includes the Organization of the Petroleum Exporting Countries (OPEC) and other allies led by Russia, agreed last October to significantly reduce production by 2 million barrels per day, beginning in November until the end of 2023, despite a demand by large consumers to increase production.
The OPEC + group announced months ago a cut in production, which resulted in higher oil prices globally, in conjunction with the Russian-Ukrainian crisis.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 