Energy Ministers from Saudi Arabia, UAE, Kuwait, and Iraq hold meeting

Saudi Energy Minister Prince Abdulaziz bin Salman met in Vienna with his counterparts from the UAE, Kuwait and Iraq ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC).

According to a TASS correspondent, the Saudi minister stayed at the Park Hyatt hotel in the Austrian capital.

UAE Energy Minister Suheil Al-Mazrui, Iraqi Oil Minister Hayan Abdul Ghani, Kuwait Oil Minister Badr al-Mulla and Algerian Energy Minister Mohamed Arkab arrived this morning ahead of the OPEC meeting scheduled for 13:00 Moscow time.

The OPEC meeting, which takes place every six months, has not yet begun. It was postponed until a meeting with the energy ministers of Saudi Arabia and the Emirates. As for the other ministers of the member states of the Organization, they arrived at the building of the OPEC Secretariat.

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 a TASS correspondent that at the June 4 meeting, the OPEC+ countries are exploring various options for action on oil production standards, including production cuts.

Source: TASS

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