December 4, 2019 / 9:54 AM / 7 days ago

Oman recommends extending oil output cuts to end-2020 - oil minister

FILE PHOTO: Oman's Oil Minister Mohammed bin Hamad al-Rumhy talks to journalists as he leaves the OPEC headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger

DUBAI (Reuters) - Oman’s Oil Minister Mohammed al-Rumhi said on Wednesday that his country’s delegation at talks with leading oil producers in Vienna this week would recommend an extension of output cuts until the end of 2020.

Asked if deeper cuts would help stabilise the market, Rumhi speaking at in industry event in Dubai said: “Whatever is needed I am sure they (participants at the oil talks) will make the right decision.”

The Organization of the Petroleum Exporting Countries (OPEC)and non-OPEC allies including Russia and Oman, a group known as OPEC+, meet in Vienna on Thursday and Friday.

Reporting by Dahlia Nehme; writing by Maha El Dahan; editing by Jason Neely

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