OPEC+ should get 'due recognition' for constructive role - OPEC Sec Gen


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BENGALURU, Feb 6 (Reuters) - OPEC Secretary General Haitham Al Ghais said on Monday the collective decision to cut output in October was the right move and added that credit should be given to the OPEC+ alliance for its constructive role in supporting global market stability. "We held the JMMC meeting on Feb. 1 where we reviewed everything holistically, from a pure technical perspective, and came to the conclusion that the decision taken collectively in Oct. was the correct decision," Al Ghais said. Saudi Energy Minister Prince Abdulaziz bin Salman said on Saturday he remained cautious about any increase in production. "At OPEC+ we are always closely monitoring the market, including demand, as it evolves after China opening up," Al Ghais said. Reporting by Nidhi Verhma, Writing by Maha El Dahan; Editing by Kim Coghill and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.