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

"We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year," he said. "Demand itself is still looking anaemic."

Topics
OPEC | Opec oil cuts | OPEC output

Reuters 



Oil refinery
OPEC+ is due to taper production cuts by 2 million barrels per day (bpd), from 7.7 million bpd currently, in January

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.

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First Published: Fri, October 16 2020. 03:13 IST

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