OPEC+ will ensure oil prices do not plunge again: Mohammad Barkindo

Topics OPEC | Opec oil cuts | OPEC output

The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC’s Secretary General said on Thursday, adding that demand has been recovering more slowly than expected.

“I want to assure you that the OPEC, non-OPEC partnership will continue to do what it knows best, by ensuring that we don’t relapse into this almost historic plunge that we saw,” Mohammad Barkindo said. Barkindo was answering a question at the Energy Intelligence Forum on whether.....

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