قالب وردپرس درنا توس
Home / Business / Risk of an OPEC deal "is real," says the Saudi energy minister

Risk of an OPEC deal "is real," says the Saudi energy minister



The Saudi Minister of Energy has spoken of the possibility that OPEC oil producers and their non-OPEC partners will not be able to agree this week on whether oil production should stop.

million barrels a day would be enough for OPEC and its allied oil producers. The markets had accepted a reduction of around 1.2 million to 1.4 million barrels per day.

As the factual leader of OPEC, Saudi Arabia is under pressure to lead the stabilization of the oil markets, but at the meeting on Thursday it looked somewhat isolated Non-OPEC partner Russia does not want to agree to a cut. The Iranian oil minister told CNBC Iran, which is already working under US sanctions, will not do anything.


Source link