OPEC Secretary General Haytham Al Ghais called on the world to expand oil refining capacity. This will meet the growing demand for petroleum products, he said at the 13th OPEC technical meeting with non-OPEC countries, the press service of the organization reports..

According to him, OPEC member countries are making exceptional efforts to expand their capacity through the construction of oil refineries, in particular Al-Zur in Kuwait, Dangote in Nigeria and Jazan in Saudi Arabia..

He also stressed the importance of technical discussions between OPEC members and non-OPEC countries..

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Recall that the market reacted to the news about the agreement on the upper limit of the US national debt. Oil prices rose. Although analysts see the price increase as a result of the debt deal as short-lived.

ZN. UA wrote that just as in natural gas, American and Arab producers have almost completely taken their place in the premium European market, oil has a “window of opportunity” for its sale for companies from the United States.. Read about this in the article "