Opec to meet on July 1-2

Business

VIENNA: Major oil-producing countries meet in Vienna on July 1 and 2, the Opec website and a delegate said on Wednesday, after the biannual gathering had been postponed several times.

Oil producers led by Saudi Arabia are expected to decide whether to extend production cuts, with investors welcoming the news that a date has been set.

The 176th meeting of the Opec Conference will be on July 1 followed by the sixth meeting of OPEC and non-Opec ministers, which includes Russia.

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