OPEC today’s meeting was about the countries commitment extent in the agreement to cut oil production and it was not about any sort of extensions for the agreement. However, many Saudi newspapers such as the Middle East and Al-Hayat promoted that the meeting was to extend the agreement to cut oil production despite the absence of important ministers Such as the Iraqi oil minister, the Iranian oil minister and the Qatari oil minister.
The Saudi media played a big role in making the people widely believe that, whereas in reality, it was only about the countries commitment in the agreement to cut oil production.