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Venezuela says OPEC, non-OPEC oil stabilizing deal 'close'

Other News Materials 19 September 2016 06:14 (UTC +04:00)
Venezuelan President Nicolas Maduro said on Sunday that OPEC and non-OPEC countries were "close" to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month
Venezuela says OPEC, non-OPEC oil stabilizing deal 'close'

Venezuelan President Nicolas Maduro said on Sunday that OPEC and non-OPEC countries were "close" to reaching a deal to stabilize oil markets and that he aimed for a deal to be announced this month, Reuters reported.

OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency, APS, reported on Sunday.

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