OPEC: there is no plans for an emergency meeting to discuss the decline in oil prices before a next scheduled meeting on December 04

Market news

11 August 2015

OPEC: there is no plans for an emergency meeting to discuss the decline in oil prices before a next scheduled meeting on December 04

Two OPEC officials said that there is no plans for an emergency meeting to discuss the decline in oil prices before a next scheduled meeting on December 04. OPEC kept its oil output unchanged at its last meeting held in June.

OPEC countries are discussing developments in the market.

"Consultations are ongoing to take a decision," Algerian Energy Minister Salah Khebri said.

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