OPEC Secretary-General, Mohammad Barkindo, said on Thursday that there are many non-fundamental factors influencing the oil market that are beyond oil producers’ control.
Barkindo, speaking at the Oil and Money conference in London, also said he wanted to ensure there is no shortage of crude in the market.
Oil prices have rallied this year on expectations that U.S. sanctions on Iran will strain supplies by lowering shipments from OPEC’s third-largest oil producer.
Brent crude last week reached $86.74, the highest since 2014.
Share this article
BREAKTHROUGH NATURAL CURE FOR PROSTATE ISSUES IN JUST 15 DAYS!!! You Can Prevent PROSTATE CANCER!!!
Your PROSTATE ENLARGEMENT Is REVERSIBLE!!! Don't Let It Threaten You!
To SHRINK And NORMALIZE Your PROSTATE Within 15 Days Without Surgery Or Chemical Drugs, Click Here!!!
Join us on
Send DTM to 4900 (MTN) or DTM to 655 (Etisalat) for regular updates and more
Share your story with us: 08189301900 (Whatsapp and SMS only) Email: email@example.com Or use this form
Complain about a story or Report an error and/or correction: +2348189301900
DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.