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Sunday, October 13, 2019 21:25 GMT

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Barkindo: OPEC Might Consider Deeper Oil Cuts

published:13/10/2019 07:00 GMT

OPEC, Russia and their allies have not ruled out deeper oil output cuts when they next meet December 5-6 in Vienna, the organization's secretary general said Thursday, even as its analysis arm revised upward its forecasts of demand for the group's crude this year and next. The current OPEC/non-OPEC supply accord commits the 24-country coalition to 1.2 million b/d in production cuts through March. Any decision made at the meeting would likely cover the entirety of 2020, Secretary General...More


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