OAPEC ministers in Cairo in end of May aim at oil price discussions

Organization of Arab Petroleum-Exporting Countries (OAPEC) will convene a ministerial meeting in Cairo on 29th of current May.

The organization, headquartered in Kuwait, said that the council would discuss the reports and the studies concerning the organization's activities for the current year.

OAPEC, which was established in year 1968, comprises 10 Arab states that include Saudi Arabia, Kuwait, Emirates, Iraq, Algeria, Libya, Qatar, Egypt, Syria and Bahrain.

OAPEC sources assured that OAPEC would convene to coordinate concerning maintaining the petroleum prince high and to have a unified stance in OAPEC's meetings.