Saudi Arabia calls for OPEC emergency meeting
Saudi Arabia called for an urgent meeting of OPEC+ member countries, Saudi Press Agency reported April 2.
The purpose of the meeting is to conclude an agreement between OPEC+ countries that will restore the "desired balance" in the oil market.
This news is contrasting with the background of the previous position of Saudi Arabia - rejection of anyone’s position in general, conversation from a position of strength, etc.
Moreover, OPEC will invite the Texas oil regulator to participate in the OPEC+ meeting, which will take place on April 6 via teleconference.
- “We invite the United States as the main producer of oil in the world” (c)
Trade with the Fibo Group!
Trading Terms: Forex market analysis by our experts - FIBO Group
Account Opening: Forex and CFD trading since 1998 - FIBO Group forex broker
#fibogroup #forex #forexnews #economy #finance #trader #crisis #oil #OPEC #USA #news