OPEC ministers, allies meet on oil market situation

“several” member states, and some of its allies in the OPEC+ grouping, held a teleconference Tuesday to discuss the plunge in oil prices caused by the coronavirus pandemic.

A photo tweeted by the organisation appeared to show representatives from countries including Nigeria, Iraq and Venezuela taking part but there was no confirmation of which countries joined the meeting. A spokeswoman for Russian Energy Minister Alexander Novak said Russia — viewed as the leader of the OPEC+ grouping — did not take part.

“OPEC+ countries are carefully monitoring the situation and have all means to react, if need be,” Novak said.

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Oil Market In Turmoil As Equities SlumpOil Market In Turmoil As Equities Slump Wow Dats good for Nigeria... make Joseph the prime minister over the affairs of ur economy, hell no,dey will use aboki. Ikeoluw79053679 Wawu just wawu
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