OPEC Secretary General Al Ghais said in Dubai on the sidelines of the World Governments Summit
Key Highlights:
Saudi Arabia's decision to postpone capacity expansion should not be misunderstood as a poor demand outlook.
I stand by published long term demand outlook and firmly believes it is robust.
Al Ghais sees a strong global economy this year with positive implications for demand.
The market is in a good place and quite stable.
On Angola's exit, Al Ghais said “It is not the first time a member leaves, and open to them re-joining if they wish in the future.”
He added “The OPEC will stay proactive and united as group.”
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.