The Business Times

Opec does not expect prices to fall further: SecGen

Published Thu, Jul 30, 2015 · 01:01 PM

[MOSCOW] Opec does not expect global oil prices to fall further, Secretary-General Abdullah al-Badri told reporters on Thursday.

"I would not expect they are going to fall because demand is growing," he told a news conference in Moscow.

Mr Badri added that Opec did not plan to cut oil output and received no requests for any extraordinary meetings before December.

REUTERS

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