On Sunday some major oil exporters supported the suggestion to call an extraordinary meeting of OPEC countries

17.07.00 00:00
/IRBIS, July 17, 00/ - MFD-InfoCenter informs, with the reference to Bridge News, that on Sunday some major oil exporters, including Saudi Arabia, supported the suggestion to call an extraordinary meeting of OPEC countries to solve the matter on possible new increase in oil production quota to satisfy growing demand. It is believed that holding a meeting ahead of schedule will make it possible for new oil supplies to reach the furthest markets on time, if the quotas are to be increased. Thus, the USA may be affected only 50 days after the meeting, hence it is useless to hold the meeting in late July, since it may not satisfy growing demand on time.