OPEC and allied oil producers will probably extend a deal to limit crude supply but are unlikely to deepen their cuts, Oman’s energy minister said on Monday, as the United Arab Emirates said it was not worried about long-term growth in oil demand. “Extension probably, (deeper) cuts I think unlikely unless things happen in the next couple of weeks,” the energy minister of non-OPEC Oman, Mohammed bin Hamad al-Rumhy, told reporters at an energy conference in the UAE capital Abu Dhabi.
