OPEC, allies likely to delay emergency meeting to April 8 or 9 – Reuters

OPEC and its allies will likely postpone its their emergency virtual meeting until April 8 or 9 to allow more time for negotiations among oil producers on crude supply cuts, two OPEC sources told Reuters on Saturday.
Earlier on Saturday, Saudi energy minister rejected Russia’s remarks that said the kingdom withdrew last month from a deal to slash output.
Prince Abdulaziz bin Salman was responding to remarks made by his Russian counterpart on Friday, said a statement carried by Saudi state news agency SPA.
“The Russian Minister of Energy was the first to declare to the media that all the participating countries are absolved of their commitments starting from the first of April, leading to the decision that the countries have taken to raise their production to offset the lower prices and compensate for their loss of returns,” Prince Abdulaziz noted in a statement.