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OPEC Sec-Gen sees growing consensus on duration of oil cut extension

Published 05/22/2017, 09:04 AM
Updated 05/22/2017, 09:10 AM
© Reuters. OPEC Secretary General Barkindo listens during a news conference after an OPEC meeting in Vienna

VIENNA (Reuters) - OPEC Secretary-General Mohammad Barkindo said on Monday he saw a growing consensus among the group's members as well as non-OPEC producers on the duration of oil cuts extension.

© Reuters. OPEC Secretary General Barkindo listens during a news conference after an OPEC meeting in Vienna

OPEC will meet on Thursday to decide on its production policies after June. OPEC leader Saudi Arabia and non-OPEC Russia have said they see a need to extend existing output cuts for another nine months to March 2018.

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