The oil market will be more stable in 2016 - the head of OPEC
Date: 14:28, 09-11-2015.
Almaty. November 9. Silkroadnews - The oil market should be more stable in 2016 due to the continued growth in demand, said OPEC Secretary General Abdullah al-Badri.
The growth of oil supply in recent years has been associated mainly with expensive production, said the secretary general of the organization, referring to such sources as the US shale oil.
The next meeting of OPEC, which late last year decided to focus on maintaining market share, rather than maintaining the price of oil, will be held at the organization's headquarters in Vienna on 4 December.
