ALGIERS: OPEC Secretary-General Haitham Al-Ghais said on Sunday OPEC+ decisions were purely technical, and that the producer group took a pre-emptive decision referring to production cuts.
Responding to a question about reviewing the decision, he said “there is always a space for flexibility” in the oil producers’ alliance.
He was speaking at a press conference in Algeria. Al-Ghais said there are other oil producing nations who want to join the alliance.
Al-Ghais said the alliance does not “control oil prices” and does not target a specific price but it strives to maintain a balance between supply and demand.