OPEC+ wont change its strategy: Saudi energy minister

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OPEC+ will not change its strategy and isn’t obliged to solve a problem it did not create, Asharq reported, citing the Saudi energy minister.

Prince Abdulaziz bin Salman stressed that there must be a regulator for the market, in an interview with Asharq.

The intergovernmental organization is raising daily oil production by 400,000 barrels per month and has been under pressure from countries including the US to increase supply after cuts last year due to the pandemic.

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