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2017-01-17 18:40:00

2017: OPEC SEES STABILITY

2017: OPEC SEES STABILITY

REUTERS - OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year while price hawk Venezuela said it hoped its crude basket would rise to $70 in coming months.

The head of the Organization of the Petroleum Exporting Countries was back in Caracas for a second meeting in two months with President Nicolas Maduro whom he lavishly praised for an "inspirational" role in the producers' pact to cut output.

"We remain optimistic Mr.…

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Tags: OPEC, OIL, PRICES

Chronicle:

2017: OPEC SEES STABILITY
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