Occidental CEO credits Opec for keeping global oil price-demand balance

In an unusual turn, the leader of a US producer is praising Opec for its prudence in increasing oil production

Opec praised for its prudence: Occidental chief executive Vicki Hollub — Opec praised for its prudence: Occidental chief executive Vicki HollubPhoto: BLOOMBERG

Mark Passwaters

Houston

Published 6 April 2021, 20:09Updated 6 April 2021, 20:28

USA Occidental Petroleum Saudi Arabia Opec Americas