Opec+ committed to deliver a balanced oil market, UAE energy minister says

The alliance known as Opec + remains committed to deliver a balanced oil market despite rising geopolitical tensions in the region, the UAE's energy minister said on Saturday. The group, which includes members of Opec plus allies including Russia, have been curbing production since the beginning of 2017 in a bid to control supply and support pricing, and last month agreed to deepen cuts to 2.1 million barrels per day starting from this month until the end of March. “Opec+ countries of more than 20 countries are committed not to raise prices and not to...