OPEC officials set for flurry of meetings to nail down Algeria deal

OPEC officials set for flurry of meetings to nail down Algeria deal
 

OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers.
The chain of meetings, starting with ministers in Istanbul next week, signal that unlike in the first half of 2016, the exporting group is more serious now about managing the global supply glut and propping up prices.
First up, OPEC energy ministers will be meeting each other and Russian officials for informal talks on oil output in Istanbul next week as the Turkish city hosts the World Energy... read more

 
10 October 2016 in Business, Views: 46
Source: Reuters
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