Business

‘OPEC still struggling with meeting dates, proposes July 1-2’

Isaac UmunnaComment(0)

OPEC has again proposed to move dates of its next meeting, now suggesting July 1-2,  two sources familiar with the matter said, as Saudi Arabia, Iran and non-OPEC Russia are struggling to agree a compromise. Previous proposals included dates for a meeting of the Organization of the Petroleum Exporting Countries followed by a meeting with non-OPEC allies on June 25-26 and July 11-12. “These are suggestions subject to approval,” one of the sources said.

The new suggestion came in a letter from Venezuela, which holds the OPEC presidency, another source said. Reuters

Pix: OPEC headquarters, Vienna

Isaac Umunna

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