Manuel Quevedo, Venezuela's petroleum minister and president of the Organization of Petroleum Exporting Countries (OPEC), center, speaks while Khalid Al-Falih, Saudi Arabia's energy and industry minister, left, and Mohammad Barkindo, secretary general of OPEC, listen at a news conference following the 176th OPEC meeting in Vienna, Austria, on Monday, July 1, 2019. OPEC will extend production cuts into 2020 as the world's leading oil exporters fret about a weakening outlook for global demand growth and the relentless rise in output from America's shale fields. Photographer: Stefan Wermuth/Bloomberg