OPEC says no reason to doubt Russian commitment to oil partnership

OPEC says no reason to doubt Russian commitment to oil partnership
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  • Country:
  • Russian Federation

OPEC has no reason to doubt Russia's commitment to efforts to stabilise oil markets, OPEC Secretary General Mohammad Barkindo said on Thursday after OPEC ministers held more talks to discuss what he described as deteriorating market conditions.

When asked what OPEC would do if non-OPEC states decided not to join new, deeper cuts, Barkindo said: "I don't share your pessimism".

He said OPEC would issue a new statement on the outcome of the latest OPEC consultations on Thursday evening.

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