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Austria: Delegates arrive at 173rd OPEC meeting in Vienna 01:43

Austria: Delegates arrive at 173rd OPEC meeting in Vienna

Austria, Vienna
November 30, 2017 at 12:29 GMT +00:00 · Published

Delegates from the 14 OPEC member states and additional observer states, including Russia, convened in Vienna on Thursday to mark the beginning of the 173rd Meeting of the OPEC Conference.

Delegates were seen walking down a red carpet at the OPEC headquarters. Saudi Arabia's Oil Minister Khalid al-Falih, serving as the Conference’s President, was scheduled to open the meeting with an inaugural speech.

The meeting is expected to decide on an extension of ongoing output curbs, which have seen OPEC reduce oil production by 1.8 million barrels per day, which has boosted petroleum prices by 40 percent since the middle of the year.

Austria: Delegates arrive at 173rd OPEC meeting in Vienna 01:43
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Description

Delegates from the 14 OPEC member states and additional observer states, including Russia, convened in Vienna on Thursday to mark the beginning of the 173rd Meeting of the OPEC Conference.

Delegates were seen walking down a red carpet at the OPEC headquarters. Saudi Arabia's Oil Minister Khalid al-Falih, serving as the Conference’s President, was scheduled to open the meeting with an inaugural speech.

The meeting is expected to decide on an extension of ongoing output curbs, which have seen OPEC reduce oil production by 1.8 million barrels per day, which has boosted petroleum prices by 40 percent since the middle of the year.

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