OPEC Sec. General Barkindo: OPEC's challenge has always been to depoliticize oil

Dhwani Mehta FXStreet

The OPEC Secretary-General Mohammad Barkindo was on the wires last hour, via Reuters, noting that the number one issue we face today is the risks to the global economy.

Additional Quotes:

OPEC's challenge has always been to depoliticize oil.

The world is becoming unpredictable in terms of economic outlook and geopolitics.

Saudi attack is almost behind us thanks to swift response.

When asked about prospect of deeper oil cut by OPEC+ in December, says all options are open.

Oil prices are stuck in range, having witnessed volatile moves in early dealings. WTI wavers around 52.50 while Brent manages to defend the 58 handle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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