Venezuela: OPEC, non-OPEC oil stabilizing deal ‘close’
Venezuelan President Nicolas Maduro said that OPEC and non-OPEC countries were ‘close’ to reaching a deal to stabilize oil markets
Venezuelan President Nicolas Maduro said on Sunday that OPEC and non-OPEC countries were “close” to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month.
OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country’s state news agency, APS, reported on Sunday.
Oil prices slide on supply glut warningPrior to the revised forecast, prices were already falling after OPEC sparked its worries about the oversupply crisis Energy
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OPEC now sees non-cartel oil output in 2017Kazakhstan, Norway and Britain were now all expected to produce more next year than forecast earlier Energy
Algeria energy minister sees consensus on need to steady oil priceNoureddine Bouterfa was speaking after meeting his Saudi counterpart Khalid al-Falih and OPEC Secretary-General Mohammed Barkindo in Paris on Friday Energy