Mohamed Barkindo, Secretary General of OPEC, made the following statement:
- Everyone benefited from OPEC-led production cuts.
- Demand has not been this solid and positive for a long time.
- The international oil industry needs to focus on the long-term investment cycle.
- I see demand to remain strong on oil at least until 2040.
- OPEC's alliance with non-OPEC members is a policy of insurance against future price volatility.
- Institutionalization of OPEC's alliance with non-member states is moving forward.
- OPEC's alliance with non-member countries is open to all producers.
