As a result of measures taken by OPEC and non-OPEC countries, the oil price has stabilized, Minister of Energy Parviz Shahbazov told journalists.
According to him, this cooperation should continue to keep the stability.
The minister said that OPEC Ministerial Meeting is planned to be held in Vienna in June 2018: ‘We hope that effective decisions, which will serve stabilization of the oil prices, will be made at the meeting’.