Azerbaijan offers oil producers outside OPEC+ to make commitments
Azerbaijan's Energy Minister Parviz Shahbazov called on oil producers outside the OPEC+ format to make oil cut commitments, according to the ministry's press service.
The minister has attended the informal video conference with the participation of several OPEC+ countries, where the current state of the world oil market and the implementation of commitments since May have been discussed.
"During the discussions, Energy Minister Parviz Shahbazov called on other oil producers outside the OPEC+ format to make commitments," the ministry's press service said.
Shahbazov noted that OPEC+ is fulfilling a historic mission and has made relevant commitments. "Now oil producers outside the OPEC+ should actively join the process and take their commitments," he added.