Algeria says it is committed to OPEC after UAE exit
- Country:
- Egypt
Algeria said on Wednesday it was committed to OPEC, after a decision by the United Arab Emirates to leave the oil producers group.
Algeria, a gas-rich OPEC member, reaffirmed its engagement within OPEC and the wider OPEC+ group, "in support of the sustainable stability of the global oil market," the Energy Ministry said in a statement.
ALSO READ
-
Shortage at Riyadh: Saudi Arabia's Only Legal Alcohol Store Struggles Amid Delays
-
UAE's OPEC Exit and Rising Tensions with Saudi Arabia: A Complex Dance of Economics and Diplomacy
-
UN Experts Urge Saudi Arabia to Dismantle Kafala System Ahead of 2034 World Cup
-
EXPLAINER-How the UAE's OPEC exit could affect its trade ties with Saudi Arabia
-
US Marines board merchant ship in Arabian Sea suspected to be headed to Iran