October 7, 2019 / 6:06 AM / 11 days ago

OPEC's Barkindo says too early to discuss deeper output cuts - TASS

FILE PHOTO: Secretary General of OPEC Mohammed Barkindo attends the Energy Week International Forum in Moscow, Russia October 2, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS/File Photo

MOSCOW (Reuters) - It is too early for the Organization of Petroleum Exporting Countries (OPEC) to discuss deeper oil output cuts despite the decline in oil prices, OPEC Secretary-General Mohammed Barkindo was quoted as saying by Russian news agency TASS on Monday.

OPEC is counting on Russia to help sooth tensions between Iran and Saudi Arabia in order to help the global oil market stabilize, Barkindo was quoted by TASS as saying.

Reporting by Dmitry Zhdannikov and Maria Kiselyova; Editing by Olzhas Auyezov

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