OPEC Chairman: Output Cuts Are The ‘’Only Viable Option’’

OPEC and its non-OPEC partners are expected to unanimously
decide to extend the production cuts at the Vienna meeting on
November 30, but the duration of the extension is still under
negotiation, the UAE’s Energy Minister Suhail Al Mazrouei said at a
conference in Abu Dhabi on Monday. “I think this group of committed
and responsible producers came together… and I think they will
continue to do what it takes to take us to the next level,” AFP
quoted al-Mazrouei as saying. Commenting on the cuts, OPEC’s
Secretary-General…

OPEC and its non-OPEC partners are expected to unanimously
decide to extend the production cuts at the Vienna meeting on
November 30, but the duration of the extension is still under
negotiation, the UAE’s Energy Minister Suhail Al Mazrouei said at a
conference in Abu Dhabi on Monday. “I think this group of committed
and responsible producers came together… and I think they will
continue to do what it takes to take us to the next level,” AFP
quoted al-Mazrouei as saying. Commenting on the cuts, OPEC’s
Secretary-General…