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
Maduro, an oil price hawk who was speaking at the end of a
summit of the Non-Aligned Movement on Margarita Island,
Venezuela, where diplomats also met to discuss the oil market,
said a deal was imminent.
"We had a long bilateral meeting with Rouhani. We're close to a
deal between OPEC producer countries and non-OPEC," Maduro told
a news conference.
Iranian President Hassan Rouhani, who attended the summit, said
Tehran supported any move to stabilize the global oil market and
lift prices, according to the Iranian Oil Ministry news agency,
Venezuela has been seeking an oil deal for years as its
state-led economy reels under low oil prices, and has often said
it was close to reaching an agreement.
OPEC members will meet on the sidelines of the International
Energy Forum, which groups producers and consumers, in Algeria
from Sept. 26 to 28. Non-OPEC producer Russia is also attending
The Organization of the Petroleum Exporting Countries will
probably revive talks on freezing oil production levels when it
meets non-OPEC nations in Algeria, sources have told Reuters.
(Reporting by Deisy Buitrago; Writing by Alexandra Ulmer;
Editing by Peter Cooney)
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