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OPEC Plus Marks Sixth Anniversary
The Declaration of Cooperation (DoC) between OPEC member countries and 10 non-OPEC oil-producing countries turned six years old. As the oil cartel engaged in diplomatic celebrations, OPEC reaffirmed its expectations for global oil demand in 2023.
The First OPEC and non-OPEC Ministerial Meeting was held on 10 December 2016 in Vienna, Austria. / Picture: © OPEC - Organization of the Petroleum Exporting Countries
Azerbaijan, the Kingdom of Bahrain, Brunei Darussalam, Equatorial Guinea, which later joined the OPEC, Kazakhstan, Malaysia, Mexico, the Sultanate of Oman, the Russian Federation, the Sudanese Republic and the South Sudanese Republic met in Vienna, Austria in 2016 and established the DoC as a platform for cooperation and dialogue to keep the oil market stable. Other producers attended…
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