Baku 26° C
OPEC and Russia effort for a new meeting
Energy
- 05 August, 2016
- 05:48
Baku. 5 August. REPORT.AZ/ "We are making efforts for a new meeting soon between OPEC and non-OPEC members, with Russia at the head to stabilize the price", Report informs referring to the Reuters, Venezuela's President Nicolas Maduro said.
President also stated that on August 4, Venezuela's Oil Minister Eulogio del Pino has spoken to OPEC Secretary-General Mohammed Barkindo ahead of a meeting between OPEC and non-OPEC producers in hope of boosting the global oil price. The head of state added that the hope is stabilizing the price towards $40 (per barrel) and over $50 and $60.
Notably, the last OPEC meeting in Vienna June 2 couldn't reach a general agreement.
Author
Latest News
17:55
Photo
Pirgulu Park hotel inaugurated in Shamakhi - UPDATED
Domestic policy17:47
Photo
President Ilham Aliyev inspects conservation works at Pir Omar Sultan shrine in Shamakhi - UPDATED
Domestic policy17:43
Photo
Jeyhun Bayramov mulls development of Middle Corridor with TRACECA head
Foreign policy17:41
Saadat Yusifova: Culture has unique role in developing Azerbaijan–UAE ties
Foreign policy17:38
Ambassador: Azerbaijan - important strategic partner for UAE
Foreign policy17:20
President: Azerbaijan achieves significant results in countering provocations of media outlets funded by certain centers
Foreign policy17:04
President of Azerbaijan: If UN system had functioned normally, we would not have had to liberate our territories by force
Foreign policy16:58
Photo
President Ilham Aliyev receives security officials of OTS member states - UPDATED
Foreign policy16:51