The Organization of Petrol Exporting Countries (OPEC) has launched the process of preparation for negotiations in the framework of OPEC+ format (the initiative on reduction of oil production covering the OPEC and non-OPEC countries) on the initiative of the Saudi Arabia, a source taking part in the preparations said in a statement, APA-Economics" reports citing TASS.
"The meeting may take place next week. We have started communicating with countries on this issue," the source said, without specifying the format of negotiations.
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