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Commodities

OPEC, allies coordinating to hold Saturday meeting: Saudi Arabia

FILE PHOTO: A 3D printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

DUBAI (Reuters) - Saudi Arabia’s energy minister said on Friday that OPEC and its allies, a group known as OPEC+, were working to hold their oil output policy meeting on Saturday.

“The conditions right now warrant hopefully successful meetings. Coordination is under way to hold OPEC and OPEC+ meetings tomorrow afternoon,” Prince Abdulaziz bin Salman told Reuters.

Reporting by Rania El Gamal; Writing by Ahmad Ghaddar; Editing by Edmund Blair

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