Opecs barkindo says remains confident output cut deal will be implemented fully

It seems like you're referring to a recent statement made by Barkindo, the Secretary General of OPEC (Organization of the Petroleum Exporting Countries).

According to reports, Barkindo expressed confidence that the recently agreed-upon output cut deal will be implemented fully by all participating countries. This deal aims to reduce global oil supply and stabilize the market, which has been affected by the ongoing pandemic and other factors.

Barkindo's statement is likely intended to reassure the market and alleviate concerns about the effectiveness of the output cut agreement. By emphasizing his confidence in the deal's implementation, he may be trying to boost investor confidence and stabilize oil prices.

It's worth noting that OPEC and its allies, known as OPEC+, have a history of implementing output cut agreements, although there have been instances where some countries have struggled to meet their targets. Nevertheless, Barkindo's statement suggests that OPEC is committed to making this deal work and is confident that it will have a positive impact on the oil market.

Would you like to know more about the details of the output cut deal or OPEC's role in the global oil market?