OPEC Secretary-General Says May Call Extra Meeting If Consensus At Algiers - APS

by - 9:55 am

OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS reported on Sunday.

Barkindo said he was optimistic about the meeting in Algeria on Sept. 26-28. He has previously said discussions in Algiers will be consultations and no major decisions will be made during talks with OPEC and non-OPEC producers.

"The informal gathering was proposed as a move to having an extraordinary meeting with the aim of taking decisions to stabilise the market," Barkindo said.

Algeria's Energy Minister Noureddine Bouterfa last week said there was a consensus among OPEC and non-OPEC members about the need to stabilise the oil market, and has been pushing for a price around $50 to $60 a barrel..For more Information Visit Us:- ripplesadvisory.com/free-trial.php and miss call -9827808090.       

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