The Organization of the Petroleum Exporting Countries (OPEC) may
consider other steps to tackle ongoing global glut if a recent deal to
freeze current output holds for several months, according to media
reports.
BUY TATA STEEL LTD ABOVE 260 TG 262, 264, 267 SL 257,
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OPEC Secretary-General Abdullah al-Badri has been quoted as saying that
OPEC will work with non-OPEC producers to tackle oversupply in
international crude oil market.
He told the IHS CERAWeek conference in Houston (USA) that the tentative
pact to freeze output reached last week between Saudi Arabia, Russia,
Venezuela and Qatar was just a start.
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2 Comments
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