OPEC has not yet made decisions about the meeting in February – Interfax

Moscow. January 29. INTERFAX.RU – Four representatives of the Organization of Petroleum Exporting Countries said the agency Bloomberg , which is not yet planning to hold an extraordinary meeting in February, the cartel.

That is the decision to convene the session of OPEC was not taken, reports quoting another unnamed representative of one of the member countries and The Wall Street Journal .

For the benefit of an extraordinary meeting to discuss the situation on the market has previously Venezuela and Nigeria, the most severely affected by the decline in prices.

The head of the Ministry of Energy of the Russian Federation Alexander Novak on Thursday also said the possibility of holding in February extraordinary conference of OPEC, which may be invited independent producers and which will be ready to take part Russian.

Saudi Arabia at the previous meetings of OPEC suggested producing countries reduce oil production by 5%, he told reporters. “This is precisely the subject of debate,” – the minister said. According to Novak, from the Ministry of Energy is no settlement, how much can be cut oil production in Russia.

Saudi Arabia did not offer producing countries to cut oil production by 5%, the meantime, Bloomberg referring to delegate to OPEC, familiar with the policy of the country. At the same time, he said, Saudi Arabia is open to collaboration and cooperation with all to stabilize the situation on the world oil market.

Earlier Riyadh made it clear that he is ready to go for the reduction of quotas in OPEC, only when the decline in production will and other producing countries.

Oil prices continue to go up on Friday on optimism associated with the possible coordination of actions of oil-producing countries to stabilize the market.

Quotations of March futures for Brent crude on London’s ICE Futures exchange to 8:10 Moscow time increased by 1.2% – to $ 34.31 per barrel.

Prices of contracts to mark WTI for March in electronic trading on the New York Mercantile Exchange (NYMEX) at this time increased by 1.2% – to $ 33.63 per barrel.

“The market is no longer look at the world’s excess and think more about the future supply and demand, which is the difference between the second half of the year will decrease, – believes oil analyst Olivier Jacob Petromatrix. – If OPEC and Russia are really starting to negotiate, which means that the balance in the market may recover a little earlier than expected “.