WASHINGTON (Sputnik) — Earlier on Tuesday, Trump’s transition team confirmed his intention to nominate Tillerson, who heads the ExxonMobil oil company, for the post of US secretary of state.
"There’s no doubt that the choice of Rex Tillerson is a very important one," Barkindo said at a forum in Washington, DC. "It’s not only important for the United States, but I think is important for the global community because of what he’s bringing on board as an accomplished oil technocrat who rose to became a very successful CEO for what is probably the world’s largest listed oil and gas company…"
Barkindo noted that there is a very thin line between oil, geopolitics and diplomacy, and added he looks forward to continuing to interact with Tillerson in his new role.
On November 30, the OPEC agreed to cut crude oil output by 1.2 million barrels per day to 32.5 million barrels per day from January 2017.
Non-OPEC countries will reduce their production by 558,000 barrels a day, with Russia agreeing to cut its oil output by 300,000 barrels per day.
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