Saudi Energy Minister Prince Abdulaziz bin Salman met in Vienna with his counterparts from the UAE, Kuwait and Iraq, ahead of the meeting of the Organization of Petroleum Exporting Countries (OPEC).
And the “Tass” correspondent stated that the Saudi minister is staying at the Park Hyatt Hotel in the Austrian capital.
UAE Energy Minister Suhail Al Mazrouei, Iraqi Oil Minister Hayan Abdul Ghani, Kuwaiti Oil Minister Badr Al Mulla and Algerian Energy Minister Mohamed Arkab arrived there this morning, ahead of the OPEC meeting scheduled for 13:00 Moscow time.
The OPEC meeting that takes place every six months has not started yet. It has been postponed pending the Saudi and Emirati energy ministers. As for the rest of the ministers of the member states of the Organization, they arrived at the OPEC Secretariat building.
This meeting takes place on the eve of the OPEC+ ministerial meeting, which will also be held in the personal presence of ministers in Vienna.
A source in one of the delegations told the “Tass” correspondent that OPEC + countries are studying various options for action on oil production standards at the June 4 meeting, including production cuts.
This article was originally published by RT.