Gulf crude producers will maintain oil investments to keep global energy supplies stable, Reuters reported on Thursday, citing Qatar's oil minister Mohammed Al-Sada ahead of the GCC oil ministers’ annual meeting.

 

"The world knows very well that the Gulf Cooperation Council countries are its trusted partner that will spare no efforts or investments ... to secure a stable source of energy to push the wheel of the global economy, and we will remain on this path God willing," Al-Sada was quoted as saying.

 

Gulf oil ministers are due to meet later in the day amid global oil price slides.

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