OPEC, allies to maintain output cuts despite Trump’s criticism: source

February 26, 2019

LONDON (Reuters) – OPEC and its allies will continue with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source told Reuters.

Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the OPEC source said.

(Reporting by Rania El Gamal; Editing by Dale Hudson)

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