Texas News Why An Upcoming Meeting Between OPEC And Russia Might Affect Texas Oil Prices By Texas Standard Published November 13, 2017 at 1:32 PM CST Twitter LinkedIn Email Your browser doesn’t support HTML5 audio The Exxon gas station at S. Congress and Ben White Blvd., in AustinMartin do Nascimento/KUT News Last year, OPEC members agreed to significantly reduce oil inventories, but some are pushing for an extension on the pre-established quota deadline.