The UAE Energy Minister said today, Monday, that OPEC and its allies are achieving balance in the oil market.

Suhail Al Mazrouei added during the energy conference in Dubai that OPEC and OPEC + will always do everything necessary to reach that balance in the market.

Oil prices increased during today's trading, to extend its gains at the highest level in 5 months, with the efforts of OPEC and its allies to reduce the supply.

Investors are awaiting during the current week, OPEC's production data for the month of March, amid expectations for a decline by 295 thousand barrels per day.

Namazon Services..programmed technical analysis platform ... for UAE, Saudi, and global markets

To more:

Green Bonds: A Revolution and a Wealth