In October 2023, Which Arab countries have reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production?

  • A. Bahrain, Iran and Oman
  • B. Kuwait, Saudi Arabia and UAE
  • C. Both A and B
  • D. Comoros, Syria and Lebanon

Correct Answer: C. Both A and B

Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to “collective and individual voluntary adjustments” to oil production, the Saudi state news agency said on Sunday. Furthermore, the ministers reiterated the willingness of the Declaration of Cooperation (DoC) countries to take additional measures at any time in their continued efforts to support market stability, building on the strong cohesion of the OPEC plus,” Saudi state news agency SPA said, as per the Reuters report.

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