Opec has barred several media groups from attending its crucial production meeting in Vienna this weekend, in a move officials said was driven by Saudi Arabia as it struggles to support oil prices.
Reporters from Reuters, Bloomberg News and Dow Jones, the publisher of The Wall Street Journal, have been denied invites to Opec’s Vienna headquarters, according to people familiar with the matter. Opec is set to meet Russia on Sunday to agree on oil production policy for the second half of the year.
The media ban is unusual for Opec, with headlines from its meetings having the potential to move oil prices and financial markets around the world, particularly at a time when the global economy is wrestling with inflation.
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