Secretary-General of "OPEC": The expectations of the oil market are positive in general
March 02, 2021 7:06 PM
Mubasher: The Secretary-General of "OPEC" said that the outlook for the oil market is generally positive, indicating that the uncertainty that prevailed over the past year is declining.
Mohamed Barkindo added, in statements via Twitter, today, Tuesday, that positive global economic developments and resilient demand in Asia are encouraging.
Barkindo spoke on the sidelines of the meeting of the Joint Technical Committee of "OPEC" members.
Barkindo indicated that the situation for the oil market is looking good, referring to the latest balance between supply and demand for 2021.
OPEC + will hold a meeting next Thursday, amid expectations of an increase in production by about 500 thousand barrels per day.