OPEC Secretary General: IEA should be careful about ‎undermining oil investments

Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), said today, Thursday, that the International Energy Agency should “be very careful about further (attempts to) undermine” investments in the oil industry, investments that are seen as an important issue for global economic growth.

According to “Reuters”, Al-Ghais added that OPEC and the OPEC+ alliance do not target oil prices, but rather focus on the fundamental factors in the market, and continued that pointing fingers at oil exporters and their allies and distorting their actions will lead to “counterproductive results.”