Vens, Saudi, Mexico, & Russia All to Meet on Market

Venezuela will meet with OPEC heavyweight Saudi Arabia and major non-OPEC oil producers Russia and Mexico to discuss "coordination" in the oil market, Venezuelan Foreign Minister Rafael Ramirez said on Tuesday.

"We are going to discuss the market situation and some coordination," Ramirez told reporters in Vienna ahead of OPEC's crucial production meeting on Thursday, which comes as oil prices have fallen around 30 percent since June.

"The most important thing is we are talking," he added.

Reporting by Alex Lawler