OPEC-Non-OPEC Meeting Postponed To July 2-4 - Russian Energy Minister

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OPEC-Non-OPEC Meeting Postponed to July 2-4 - Russian Energy Minister

ST. PETERSBURG (UrduPoint News / Sputnik - 06th June, 2019) The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers plan to postpone their meeting, initially scheduled for June, to July 2-4, Russian Energy Minister Alexander Novak said on Thursday.

OPEC and OPEC-non-OPEC meetings were initially scheduled for June 25 and June 26 respectively.

Participants of the meetings are going to discuss the future of the oil output cut deal, including the possibility of its extension. An OPEC source told Sputnik on May 20 that OPEC and non-OPEC states were considering the possibility to postpone the June meetings to early July.

"July 2-4 ... We are satisfied with this date, July 2, 3, 4," Novak told reporters, when asked when the OPEC-non-OPEC meeting would take place.

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