October 7, 2019 / 6:06 AM / 13 days ago

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

OPEC Secretary General Mohammed Barkindo attends a session of Kazakhstan Energy Week in Nur-Sultan, Kazakstan September 26, 2019. REUTERS/Mariya Gordeyeva/Files

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 stabilise, Barkindo was quoted by TASS as saying.

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

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