OPEC+ countries can not agree on the date of the meeting on prolongation of agreement about reduction of oil production. Iran refused to agree with Saudi Arabia’s proposal to hold a meeting on July 3-4, APA-Economics reports.
Experts expect the prolongation of negotiations of OPEC+, however will not prevent the dropping of oil prices.
Iranian Oil Minister Bijan Namdar Zangeneh has agreed with Russian Energy Minister Alexander Novak on postponing the meeting of OPEC+ countries for June 25 to another day. He proposed to hold a meeting on July 10-12.