OPEC was formed in 1960 as a cartel, with the mission of providing a solution to the worldwide supply of oil and its price levels.
Russian Foreign Minister Sergei Lavrov is scheduled to visit Saudi Arabia on Wednesday, where he will meet with the foreign ministers of the Gulf Cooperation Council countries.
Lavrov is expected to meet with top ministers of Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Oman, and Bahrain in the GCC…
