OPEC withholds media access to Reuters, Bloomberg, WSJ for July event

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OPEC has withheld media access to reporters from Reuters, Bloomberg and the Wall Street Journal to cover a meeting of oil industry CEOs with energy ministers from OPEC and its allies, reporters and several people familiar with the matter said on Wednesday.

The three media organizations are among the world's leading suppliers of financial news and information. They compete to cover news in real time from events such as OPEC+ meetings, which can have a material impact on the price of oil and the global cost of energy.

"We believe that transparency and a free press serve both readers, markets and the public interest, and we object to this restriction on coverage," a spokesperson for Reuters, the news and media division of Thomson Reuters Corp"Reuters will continue to cover OPEC in an independent, impartial and reliable way, in keeping with the Thomson Reuters Trust Principles."

"For the sake of market transparency, we strongly advocate for OPEC to allow journalists from relevant global news outlets to attend."This would be the second consecutive OPEC+ event in which OPEC has restricted media coverage. The same media groups wereduring a June 4 oil policy meeting. OPEC gave no reason for excluding the three organizations from the previous policy meeting in June.

 

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