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OPEC secretary general sees chance of a smooth oil output deal in November
October 18, 2016 / 11:46 AM / a year ago

OPEC secretary general sees chance of a smooth oil output deal in November

LONDON (Reuters) - OPEC should be able to reach a deal next month to limit oil production without too many exemptions for individual countries and without too much disagreement about output levels, the producer group’s secretary general said on Tuesday.

A worker checks the valve of an oil pipe at an oil field owned by Russian state-owned oil producer Bashneft near the village of Nikolo-Berezovka, northwest of Ufa, Bashkortostan, Russia January 28, 2015. REUTERS/Sergei Karpukhin/File Photo

Mohammed Barkindo also told a news conference on the sidelines of the Oil & Money conference that Russia, which is not an OPEC member, was not backtracking on its pledge to contribute to output limits should OPEC reach a deal at its next meeting on Nov. 30.

Reporting by Alex Lawler; Editing by David Goodman

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