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Oil prices stabilized on Monday in morning trade in the Gulf countries, despite fluctuations in Brent over the past period, due to geopolitical events in the region and the decision of the region. 39, OPEC to reduce its production.
The Organization of the Petroleum Exporting Countries (OPEC) is employing to strike a balance between the prices of buying and selling a barrel of oil by making collective decisions to reduce or increase the production.
According to the latest update of oil prices on world stock exchanges, the price of Saudi light crude oil was 58.07 dollars per barrel, the price of Algerian oil 56.78 dollars per barrel, the price of oil from the UAE. 57.22 dollars a barrel, the Kuwaiti oil price of 59.20 dollars a barrel, the price of Oman oil of 57.57 dollars a barrel and the price of oil Bbador Light 59.43 $ per barrel.
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