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OPEC: do not seek to a specific price range for oil market stability, but at a meeting of Algeria
Date: 11/09/2016 09:13
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The official APS news agency reported that the Secretary-General of OPEC, Mohammad Barkindo said that the organization does not seek a specific price range for oil during a meeting later this month in Algeria, but they want to stabilize the market.
The agency said he made his comments after a meeting with the ministers of Algeria's energy and Saudi Arabia in Paris.
The agency quoted Barkindo as saying that "the oil market should be stabilized through a less volatile price .. so what we are trying to achieve in the context of our consultations aimed to make the member countries are working in one direction, namely the achievement of lasting stability to the market." End quote / 25 m
http://almaalomah.info/2016/09/11/economic/85016
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