OPEC Secretary General: 'Decision to reduce oil production was correct'

OPEC Plus' decision to reduce oil production was correct and timely, OPEC Secretary-General Haitham Al Ghais said, Report informs via Al Arabia.

Last week, the OPEC Plus countries, following Saudi Arabia and Russia, decided to reduce daily oil production by two million barrels starting in November and extended the agreement until the end of 2023. It caused the dissatisfaction of the United States, which demanded an increase in production.