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