OPEC Secretary-General Warns Against Delaying Oil Production Cuts – Wall Street Journal

VIENNA—The morning after OPEC officials deadlocked about how to implement oil-production cuts, the cartel’s leader on Saturday warned of dire consequences for the oil industry if the group doesn’t move forward with a plan to reduce output.

In a speech here Saturday morning, Mohammad Barkindo, secretary-general of the Organization of the Petroleum Exporting Countries, said “the recovery process [in rebalancing oil markets] has taken…

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