September 22, 2017 / 12:44 PM / a year ago

OPEC, non-OPEC reviewing options including extending oil cut pact - Venezuela

VIENNA (Reuters) - OPEC and other oil producers are evaluating all options in their efforts to reduce a supply glut, including extending their pact to cut supplies that is due to expire in March, Venezuelan Oil Minister Eulogio Del Pino said on Friday.

Crude oil is dispensed into a bottle in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

He also told reporters that the oil market was recovering very strongly, speaking after a meeting in Vienna of several oil ministers from the Organization of the Petroleum Exporting Countries and other producers, including Russia.

Reporting by Alex Lawler; Editing by Edmund Blair

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