OPEC and its allies will hold a virtual meeting on Sunday evening in a bid to end a standoff that has prevented the finalisation of a global oil supply cut pact, APA reports.
The conference will be held at 20.00 by Baku time.
Minister of Energy of Azerbaijan Parviz Shahbazov will take part in a meeting
OPEC, Russia and other allies, a group known as OPEC+, outlined plans on Thursday to cut output by more than a fifth in an effort to prop up prices hammered by the coronavirus crisis.
But Mexico balked at the production cuts it was asked to make, delaying signing a final deal.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on Facebook
Follow us on Twitter
