OPEC’s Barkindo: Priority is making sure oil market stability is sustainable, investments return

Dhwani Mehta FXStreet

The Organisation for Petroleum Exporting Countries (OPEC) Secretary General Barkindo is on the wires now, via Reuters, noting that their priority is making sure oil market stability is sustainable and investments return.

Additional Headlines:

OPEC is exploring means of further institutionalizing declaration of cooperation, "this is a work in progress".

This is necessary given trends in future world oil demand.

The world will attain 100m bpd consumption later this year, much earlier than projected.

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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