Business Standard

OPEC says seeks 'more sustainable' cooperation with other oil exporters


BAGHDAD (Reuters) - OPEC is looking for "more sustainable" cooperation with other oil exporters, Mohammad Barkindo, the secretary general of the organisation, told a conference on Wednesday.
Barkindo was commenting on news that top OPEC producer Saudi Arabia and non-OPEC producer Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for up to 20 years.
Saudi Crown Prince Mohammed bin Salman broke the news of the deal being worked on in an interview with Reuters on Monday.
(Reporting by Ahmed Rasheed; writing by Maher Chmaytelli)

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First Published: Mar 28 2018 | 2:17 PM IST

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