New OPEC cut would be ‘folly,’ says Mandil

摘要

London—OPEC would be foolish to consider making any additional crude output cuts with prices at current levels, Claude Mandil, head of the International Energy Agency, said March 1. “Certainly they should not implement any more cuts, it would be folly at 60/barrel,” Mandil told Platts on the sidelines of a press conference in London to present the agency’s review of UK energy policy.