Chakib Khelil Quotes

We'll have a cut of 2 million (barrels) on the 1st of January, I don't have any doubt. - Chakib Khelil

We want $25 a barrel. - Chakib Khelil

We think that we will keep production at the same level. - Chakib Khelil

We expect a slightly bigger correction, though overall the market is still fueled by Nigeria's supply tension. - Chakib Khelil

There will be no increase in production, definitely not. There is a consensus on that. - Chakib Khelil

There is no need to really increase production now because the prices are stable at $25 and we are always here to meet the demand required in the market. - Chakib Khelil

There is a consensus with the member countries to maintain the current quota as there is enough oil in the market. I expect a barrel at US$50 at least for the second quarter of the year. - Chakib Khelil

The total in production cuts announced so far by non-OPEC countries nears only 300,000 bpd and we are still awaiting more efforts (from them). - Chakib Khelil

People are not really for an increase in June. - Chakib Khelil

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