VIENNA--Igor Sechin, the chief executive of Russia's state oil giant OAO Rosneft, is meeting top officials from big oil producers Venezuela, Saudi Arabia and Mexico about oil-policy coordination, a company official said Tuesday.

Members of the Organization of the Petroleum Exporting Countries are meeting here on Thursday to discuss the group's policy amid recently falling oil prices. The meeting between Russia, Venezuela, Saudi Arabia and Mexico comes as non-OPEC members Russia and Mexico face budget pressure from decreasing crude prices.

Russia has been especially affected by the slump, coming as it does amid Western economic sanctions against Moscow.

Write to Benoit Faucon at benoit.faucon@wsj.com

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