OPEC Sec-Gen sees growing consensus on duration of oil cut extension

May 22, 2017 9:02 AM EDT

OPEC Secretary General Mohammad Barkindo listens during a news conference after a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, November 30, 2016. REUTERS/Heinz-Peter Bader

VIENNA (Reuters) - OPEC Secretary-General Mohammad Barkindo said on Monday he saw a growing consensus among the group's members as well as non-OPEC producers on the duration of oil cuts extension.

OPEC will meet on Thursday to decide on its production policies after June. OPEC leader Saudi Arabia and non-OPEC Russia have said they see a need to extend existing output cuts for another nine months to March 2018.

(Reporting by Dmitry Zhdannikov, editing by Louise Heavens)



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