OPEC+ countries may meet on July 10-12

  • 16:54 18 June 2019

OPEC+ countries may meet on July 10-12

OPEC and non-OPEC countries discuss the issue of holding the meeting on making a decision about oil production at the Vienna on July 10-12, ONA reports.

It is suggested to hold Joint Ministerial Monitoring Committee meeting on July10, meeting of OPEC ministers on July 11, and negotiations of OPEC and non-OPEC countries on July 12.

Note that OPEC+ countries can not agree on the date of the meeting on prolongation of agreement about reduction of oil production. Iran refused to agree with Saudi Arabia’s proposal to hold a meeting on July 3-4. Iranian Oil Minister Bijan Namdar Zangeneh has agreed with Russian Energy Minister Alexander Novak on postponing the meeting of OPEC+ countries for June 25 to another day. He proposed to hold a meeting on July 10-12.

Emil Ismayilov

Tags: OPEC