Media: OPEC may discuss oil freeze on September 26

Some OPEC members said they believe they could seal a freeze deal as early as the week of September 26, when oil producers meet for the International Energy Forum in Algeria, the Wall Street Journal reports.

The Russian energy ministry said that no official proposals from OPEC or Venezuela on the organization of a meeting of oil-producer countries have been received at the current time.

Venezuela’s Oil Minister Eulogio Del Pino has contacted the cartel’s Secretary-General Mohamed Barkindo to propose a discussion on coordinating output, the country’s president Nicolás Maduro said Thursday, according to state news agency Agencia Venezuela de Noticias.