Move comes as Venezuela signals interest in improving relations with the US amid Russia’s invasion of Ukraine.
Move comes as Venezuela signals interest in improving relations with the US amid Russia’s invasion of Ukraine.
OPEC and Russia have postponed a Monday meeting to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a dispute between Moscow and Saudi Arabia over who is to blame for plunging crude prices intensified.
Oil price of 50 dollars per barrel is not acceptable and we are going to discuss the issue with OPEC member states, says Algerian Minister of Energy, Noureddine Boutarfa.