OPEC, non-OPEC to meet on same day as group's May gathering - Reuters

OPEC plans to meet with non-OPEC oil producers on the same day as its scheduled May 25 conference, sources familiar with the arrangements told Reuters.

Key quotes (via Reuters):

  • A number of key OPEC members including top exporter Saudi Arabia support extending their supply-cut agreement into the second half of 2017 if all producers, including non-OPEC, also agree
  • Ministers from the Organization of the Petroleum Exporting Countries will convene at their Vienna headquarters. Joint talks with non-OPEC oil ministers will also take place that day

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