OPEC will hold its next meeting to July 1, followed by a meeting with non-OPEC allies on July 2, according to new dates released by the Organization of the
Petroleum Exporting Countries.
OPEC and allies were planning to meet on June 25-26, and have been debating for the past month on a new date for their upcoming meeting to discuss oil output policy.
Earlier this month, Saudi Energy Minister Khalid Al-Falih said that the OPEC would probably meet in the first week in July in Vienna and hoped to reach a consensus on extending its agreement to cut oil output.
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