OPEC Head to Meet U.S. Shale Producers for Dinner Next Week

  • Barkindo says OPEC and shale producers are ‘in the same boat’
  • U.S. energy industry to gather next week for annual CERAWeek

Photographer: Spencer Platt/Getty Images

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The head of OPEC plans to dine with U.S. shale company executives on Monday in Houston, the second consecutive year that the secretary general has met with some of the cartel’s top rivals.

"One of the lessons learned from this oil-price cycle is that as producers we are all in the same boat," Mohammad Barkindo said in an interview Tuesday.