G20 Leaders Commit to Immediate Measures to Stabilize Energy Markets – Statement

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The extraordinary meeting of the G20 countries took place on Friday. Energy ministers from the G20 group gathered virtually to discuss oil market stabilization efforts and ways to mitigate the impact of the COVID-19 pandemic.

The G20 countries committed to immediate measures to ensure the stability of energy markets and agreed to establish a group to monitor response measures to developments in the market.

The energy ministers of G20 also agreed to hold their next meeting in September with the possibility of arranging it earlier, in case of urgent need.

The extraordinary G20 members virtual meeting took place on Friday, primarily to discuss oil market stabilization and tackling the aftermath of COVID-19 pandemic.

Sourse: sputniknews.com

G20 Leaders Commit to Immediate Measures to Stabilize Energy Markets – Statement

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