OPEC still struggling with meeting dates, proposes July 1-2 -sources


LONDON, June 18 (Reuters) – OPEC has again proposed to move dates of its next meeting, now suggesting July 1-2, two sources familiar with the matter said, as Saudi Arabia, Iran and non-OPEC Russia are struggling to agree a compromise.

Previous proposals included dates for a meeting of the Organization of the Petroleum Exporting Countries followed by a meeting with non-OPEC allies on June 25-26 and July 11-12.

“These are suggestions subject to approval,” one of the sources said.

The new suggestion came in a letter from Venezuela, which holds the OPEC presidency, another source said.

(Reporting by Ahmad Ghaddar and Alex Lawler; writing by Dmitry Zhdannikov and Polina Devitt; Editing by Marguerita Choy)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.


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