Weekend – OPEC Secretary General said that oil output cuts were a pre-emptive measure | Forexlive

OPEC Secretary General Haitham al-Ghais was speaking on Sunday.

• the OPEC+ alliance took purely technical decisions
• oil output cuts were a pre-emptive measure

Said the cuts could be revised in the future:

• “The OPEC+ agreements always have flexibility … the ministers are always ready to take a plane and come to Vienna.”

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Yeah, you can get a drink in Vienna.

Oil update: