According to Bloomberg, the Organization of the Petroleum Exporting Countries (OPEC) has once again declined to grant media credentials to journalists working for the three major financial news sites of Bloomberg, Reuters, and The Wall Street Journal in order to cover the meeting that will take place in Vienna the following week.
The media restriction is in response to a similar action taken by the Organization of the Petroleum Exporting Countries (OPEC), which is headquartered in Vienna and which resulted in the withdrawal of accreditations for a meeting in June between the 13 OPEC members led by Riyadh and their 10 allies led by Moscow.
“We are very concerned by the prospect of OPEC excluding certain journalists, including from Bloomberg, from next week’s seminar,” stated a statement released by an American news agency that was consulted by AFP on Thursday. “We are very concerned by the prospect of OPEC excluding certain journalists from next week’s seminar.”
It went on to say, “For the sake of market transparency, we strongly advocate for OPEC to allow journalists from relevant global news outlets to attend,” and the statement concluded with that.
Reuters reported that the restriction had also affected it in some way.
According to a source familiar with the situation that AFP spoke with regarding the topic, The Wall Street Journal did not receive an invitation either.
The conference that is scheduled to take place on July 5-6 at the Hofburg Palace in Vienna will feature important speakers such as the Saudi Energy Minister Prince Abdulaziz bin Salman, the CEO of the British oil company BP Bernard Looney, and the European Energy Commissioner Kadri Simson. Other speakers at the conference will include European Energy Commissioner Kadri Simson.
The Austrian Foreign Ministry, which has stated that it intends to attend the event that will take place next week, has declined to comment on the prohibition.
On the other hand, this was a “opportunity to highlight that media freedom, including enabling media coverage of political developments, is a cornerstone of any democratic society.”
The OPEC press office did not provide a prompt response to this development.
In June, OPEC Secretary General Haitham Al-Ghais defended the organization’s “policy” to invite media on a case-by-case basis, claiming that “this is our house and this is the way we decide to conduct our media strategy.” The statement was made in response to criticism of the organization’s “policy” to invite journalists on a case-by-case basis.
In 1960, the Organization of the Petroleum Exporting Countries (OPEC) was established with the purpose of “coordinating and unifying petroleum policies” among its members in order to “secure fair and stable prices for producers.”
In 2016, the cartel formed a partnership with ten additional countries to create the OPEC+ group, which is responsible for sixty percent of the oil production in the globe.