Energy ministers from
OPEC and Russia hold informal talks in Istanbul
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[October 12, 2016]
ISTANBUL (Reuters) - Energy ministers from
Qatar, the United Arab Emirates, Algeria, Venezuela and
Russia began informal closed-door talks with the
secretary general of OPEC in Istanbul on Wednesday as
they try to coordinate efforts to rebalance the oil
market. |
![](../images/101216pics/busine37.jpg)
OPEC logo is pictured ahead of an informal meeting
between members of the Organization of the Petroleum
Exporting Countries (OPEC) in Algiers, Algeria September
28, 2016. REUTERS/Ramzi Boudina
|
OPEC
officials are holding a flurry of meetings in coming weeks to
nail down an agreement reached in Algiers last month on modest
output cuts, the first such deal since 2008, for which they are
seeking cooperation from non-OPEC producers.
The ministers were meeting on the sidelines of the World Energy
Congress in Istanbul. No decision is expected from Wednesday's
talks.
(Reporting by Rania El Gamal, Ron Bousso, Parisa Hafezi and
Olesya Astakhova; Writing by Nick Tattersall)
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