View full page at energyexch.com

 

G20 energy ministers to hold video conference on Friday: document

From reuters.com

Saudi Arabia will host an extraordinary meeting by video conference on Friday for energy ministers from the Group of 20 major economies “to ensure energy market stability”, an internal document seen by Reuters shows. The call is scheduled for 1200-1420 GMT on Friday and will follow a virtual meeting on Thursday for OPEC, Russia and other oil producers to discuss cutting output. Prices have fallen sharply due to the impact of the coronavirus and to the collapse last month of coordinated output cuts led by Saudi Arabia and Russia. U.S. President Donald Trump last week called on Riyadh and Moscow to cut production to ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis