OPEC chief sees strong decisions to keep oil market stable in 2020

OPEC and its allies participating in a pact on curbing oil supply will take “strong” decisions at a meeting in December, OPEC’s secretary general said. (File photo: AFP)

OPEC and its allies participating in a pact on curbing oil supply will take “strong” decisions at a meeting in December to ensure a stable market in 2020, OPEC’s secretary general said on Thursday.

“The conference will take appropriate, strong, positive decisions that will set us on the path of heightened and sustained stability for 2020,” Mohammad Barkindo told reporters at a briefing in London.

“All options are open,” he said, when asked about the prospect of a deeper oil supply cut in December.
 

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Last Update: Thursday, 10 October 2019 KSA 14:44 - GMT 11:44
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