FXStreet (Mumbai) – As per Wall Street Journal reports, Ecuador President said today that a special OPEC meeting is to be held this month.
Similar comments from the weaker OPEC nations and non-OPEC producers have hit the wires repeatedly in the last two weeks. However, the likelihood of such a meeting is low, as stated by Saudi and OPEC delegates.
Earlier today, Russian official also said that there are no plans for an OPEC and non-OPEC meeting.
(Market News Provided by FXstreet)