Tag Archives: Mohammed Barkindo

OPEC is to hold a meeting at the level of minister in Vienna. Austria. on March 5.

OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.

OPEC welcomes the reappointment of Alexander Novak as Russia’s Energy Minister as part of the new government.

Barkindo said none of the participants had asked for the time of the meeting to be changed.

OPEC. Russia and nine other countries are entering their fourth year of production cuts aimed at supporting oil prices.

Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated.

A deal will almost remove that dark cloud that had engulfed the global economy.

The oil producer group fully supports the Paris Agreement on climate change.

OPEC is fully engaged with the Paris Agreement.

Compliance with production quotas among OPEC and its allies is at 136%.