Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC Oil-producing Countries Re-affirm Commitment to Unity, Full Cohesion and Market Stability Through the Declaration of Cooperation (DoC)

Excerpt:  “At the outset of 2024, the OPEC Secretariat in consultation with OPEC Member Countries and the non-OPEC producing countries participating in the DoC, re-affirms the full commitment by the countries participating in the DoC to unity and cohesion, as well as their continued and unwavering efforts to maintain oil market stability going forward through the Declaration of Cooperation, signed on 10 December 2016 and further endorsed in subsequent meetings. Moreover, OPEC Member Countries re-affirm their steadfast commitment to the shared objectives of unity and cohesion both within the Organization, and with the non-OPEC producing countries participating in the DoC.”