Tags: APFN | EU | OPEC Meeting

OPEC Oil Ministers Gather to Discuss Production Level

OPEC Oil Ministers Gather to Discuss Production Level

Tuesday, 19 June 2018 09:39 AM EDT

VIENNA (AP) — The oil ministers of the OPEC cartel are arriving in Vienna to discuss this week whether to increase production of crude oil and help ease the price of global energy.

The officials were gathering Tuesday ahead of the official meeting Friday, when they will also confer with Russia, a non-OPEC country that has cooperated with the cartel to limit production since late 2016.

Analysts expect the group to discuss an increase in production of about 1 million barrels a day, ending the output cut agreed on in 2016.

Upon arriving, the energy minister of the United Arab Emirates, Suhail Al Mazrouei, said: "It's going to be hopefully a good meeting. We look forward to having this gathering with OPEC and non-OPEC."

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The oil ministers of the OPEC cartel are arriving in Vienna to discuss this week whether to increase production of crude oil and help ease the price of global energy.The officials were gathering Tuesday ahead of the official meeting Friday, when they will also confer with...
APFN,EU,OPEC Meeting
123
2018-39-19
Tuesday, 19 June 2018 09:39 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved