Head of OPEC has informed about the possibility of an amazing meeting of OPEC oil and energy ministers in February.
According to Reuters from Cairo, Algerian Energy and Mines Minister Mohammad Arkab and head of the Organization of Petroleum Exporting Countries (OPEC) meetings said on Wednesday: ” It is very likely that the 178th joint OPEC meeting will be amazing and the eighth OPEC and non-OPEC ministerial meeting which called OPEC plus will be held in February instead of the 5th and 6th of March.
Responding to a question about the possibility of extending the agreement to reduce the supply of OPEC and non-OPEC producers, he said any decision was likely.
“We are negotiating with OPEC countries, the final decision will be made in the coming days.” said Arkab, about the impact of the Corona virus outbreak on world crude oil prices.