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"We Would Love to Extend the Deal with Russia": OPEC's Al Ghais

OIL

OPEC’s Al Ghais comments in Reuters interview out this afternoon London time:

  • "We would love to extend the deal with Russia and the other non-OPEC producers ... it's very hard for me to imagine that the deal will not continue,"
  • "This is a long-term relationship that encompasses broader and more comprehensive forms of communication and cooperation between 23 countries. It's not just in terms of production adjustment,"
  • "Whatever measures may take place in the future ... buyers and sellers can adjust and they can always find ways and mean to reroute and redirect trade flows,"

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