Work of oil pumping rigs. File photoHOUSTON, USA, Mar 8 OPEC Secretary General Mohammed Barkindo believes the current tensions in the oil market could trigger some reduction in demand, but the alliance is not making any decisions as the situation «is changing hourly «.
"The current tension in the market may lead to some reduction in demand. But again, no decisions are being made, because at the moment we don’t know anything, as the situation is changing hourly", Barkindo told reporters on the sidelines of the CERAWeek international energy conference that started on Monday.
He also addressed world leaders with a request to stop politicizing the issue of oil supplies. «We (OPEC) are not a political organization and try to stay away from politics as much as possible. We also continue to work to depoliticize oil supplies … There may be disagreements between us, but please, when you come to the OPEC secretariat or meet virtually, leave them aside,» Barkindo urged. Barkindo's statement came against the backdrop of rising energy prices in recent weeks. Experts note that this dynamic is largely a consequence of the tough sanctions that Western countries have imposed against Russia after the start of the military operation in Ukraine. urged to leave energy out of disagreements between countries