Algeria's energy minister will meet his Saudi counterpart and OPEC's secretary-general in Paris on Friday as part of moves toward clinching a global deal on stabilizing crude output to support oil prices, an Algerian official and OPEC sources said.
Algeria will host the informal meeting with Minister of Energy, Industry and Mineral Resources Khalid Al-Falih and OPEC's Mohammed Barkindo, saidRead more
Iran has yet to take any decision on whether to set a ceiling on oil production or take part in a planned OPEC meeting in Algeria, an oil ministry source told AFP.
“It is too early to talk of a decision from Iran concerning a freeze in the level of production,” said the source, speaking on condition of anonymity.
TheRead more