The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices or bring them down, OPEC Secretary-General Mohammad Barkindo said on Saturday.
Asked whether bringing 9.7 million barrels a day back to the market according to the latest adjustment decision by OPEC+ would help bring oil prices down, he said “we cannot dictate to the market what it does.”
