OPEC + ministerial meeting to be held today

The ministerial meeting of the OPEC + countries, canceled in early July, will be held today at 14:00 (GMT +4), Report informs.

The meeting will be held in the video conference format.

Thus, the OPEC secretariat confirmed that the agreements within the alliance allow for a meeting on July 18. According to them, the main issues between the allies have been settled.

According to sources, it is the disagreements between Saudi Arabia and the UAE that have been settled. They also say that the agenda for the upcoming OPEC + meeting will include a discussion of oil production levels until the end of this year, as well as the issue of extending the OPEC + deal until the end of 2022.