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Interview: OPEC's Barkindo sees oil market rebalancing in Q2-Q3

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - OPEC Secretary-General Mohammad Barkindo said on Thursday that he sees the global oil market rebalancing in the second to third quarters of 2018, earlier than a previous forecast of the year-end.Speaking in an interview with Reuters in New Delhi, he also said there was growing confidence that oil producers would extend their cooperation pact beyond 2018.Russia will continue to play a key role in future market rebalancing pacts, Barkindo said."There is growing confidence that the declaration of cooperation will be extended beyond 2018," Barkindo told Reuters."Russia will ...

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First Published: Thu, April 12 2018. 17:05 IST