The OPEC+ alliance has taken decisive actions to help reduce oil market volatility, OPEC Secretary-General Mohammad Barkindo said on Tuesday at the opening of the meeting of OPEC’s economic and technical think-tank. “DoC Participating Countries have taken proactive and pre-emptive actions to help reduce volatility, stabilize the oil market and provide a flexible platform for recovery with potentially broader participation in the coming years,” Barkindo said, opening the meeting of the Economic Commission Board. The two-day meeting—held twice a year—takes stock of the situation on the global oil market and the global economy. The board will review topics such as investment, expectations about recovery, and short- and long-term prospects of crude oil production, OPEC said today. The meetings of the Economic Commission Board of OPEC usually precede the biannual ordinary meetings of the OPEC Conference, which are held in June and December. This June, the meeting of OPEC’s economic […]