03:38 GMT22 October 2020
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    Venezuelan Oil and Mining Affairs Minister Eulogio del Pino discussed an agreement to stabilize the oil market with his Russian counterpart.

    VIENNA (Sputnik) — Venezuelan Oil and Mining Affairs Minister Eulogio del Pino said Wednesday he discussed an anticipated agreement to stabilize the oil market with Russian Energy Minister Alexander Novak.

    "[We discussed] the agreement," del Pino told RIA Novosti on his arrival for the Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna when asked about a topic of discussion with Novak in Moscow on Tuesday.

    OPEC member states reached a preliminary agreement in September, setting the oil output ceiling at 32.5-33 million barrels a day. A number of non-OPEC members, including Russia, have expressed willingness to join the deal.

    The final decision on the deal will be made on Wednesday in Vienna.


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    agreement, stabilization, meeting, Alexander Novak, Eulogio Del Pino, Venezuela, Russia
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