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Saudi, Venezuela weekend meeting concludes - no production cuts announced

Oil ministers from Saudi Arabia and Venezuela met over the weekend to discuss cooperation between OPEC and other oil producers.

  • Met on Sunday in Riyadh
  • Despite positive comments coming after the meeting, no plans were announced to cut production
  • There was also no mention of Venezuela's call for an emergency OPEC meeting

Oil futures are not yet open for trade

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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