Home Saudi signals OPEC may need to extend oil cuts until end-2019 – Reuters

Saudi signals OPEC may need to extend oil cuts until end-2019 – Reuters

Updated: 17 Mar. 2019 | 23:07

Reuters is running a story today that Saudi Arabia has said that ‘OPEC’s job in rebalancing the oil market was far from done as global inventories were still rising despite harsh U.S. sanctions on Iran and Venezuela, signalling it may need to expand output cuts into the second half of 2019′.

More here: Saudi signals OPEC may need to extend oil cuts until end-2019

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