OPEC may hold formal meeting in bid to cut production, boost prices

September 20, 2016 / By Surprise Valley Resources

OPEC may turn its planned informal meeting in Algiers next week into a formal session as it seeks ways with other producers to cut crude supplies by 1 million barrels a day to re-balance markets and stabilize prices, Algerian Energy Minister Noureddine Bouterfa said. OPEC will hold an informal meeting after the closing session of …
Source: FuelFix