Saudi's Falih says OPEC has no doubt of need to extend oil deal -Ifax

Saudi's Falih says OPEC has no doubt of need to extend oil deal -Ifax
That would send sterling hurtling lower, but this week the pound has managed to recover from five-month lows thanks to a dollar weakened by the prospect of Federal Reserve interest rate cuts. Image Credit: Wikipedia

Saudi Energy Minister Khalid al-Falih on Friday said that OPEC countries had no doubt about the need to extend a global oil output deal but the question at hand was the stance of OPEC's allies, Interfax news agency reported. OPEC and its allies are due to gather in the coming weeks for a policy meeting.

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