In TNT

Tishwash: “OPEC +” invites 10 countries from outside to the crisis meeting

The Organization of Petroleum Exporting Countries and its allies “OPEC +”, on Tuesday, invited ten other countries, including the United States, which did not send a response, to attend the meeting scheduled Thursday in an attempt to stabilize the crude oil market.

This emergency meeting will allow through the video circle to discuss a significant reduction in production by the level of 10 million barrels per day, which was presented by Russian President Vladimir Putin on Friday.

OPEC, which is based in Vienna, as well as its OPEC partners, in addition to Russia, invited 10 producing countries that do not usually cooperate with it but are concerned with low prices, such as the United States, Canada, Britain, Norway, Brazil, Argentina, Colombia, Egypt, Indonesia, Trinidad and Tobago.

A document issued by the General Secretariat of the organization stated that the United States, Canada and Britain had not yet been sent in response to the invitation.

The meeting aims to reduce production by ten million barrels per day, an enormous amount aimed at stemming the collapse of oil prices that have been going on for weeks due to the emerging crisis of the Corona virus and the oil price war between Moscow and Riyadh.   The shadow of the United States hangs over this extraordinary meeting, as US President Donald Trump was the first to refer to this number through a tweet on Thursday, April 2, which led to higher prices.

Soon thereafter, indicators were issued from Riyadh and Moscow to resume the dialogue, as Putin called on Friday to “unify efforts to achieve a balance in the market and reduce oil  link