| Algeria’s new energy minister, Noureddine Bouterfa, confidently said on Monday that if next week’s talks at the International Energy Forum in his native Algeria go well, then a follow up OPEC meeting could be scheduled before November 4 to head toward a freeze. He also believes a freeze could balance the oil market for at least 6 months.
On Tuesday, Bouterfa went even further and suggested that the informal OPEC meeting planned for September 28 may turn into a formal meeting at which he will suggest that OPEC producers cut crude oil supplies by one million barrels a day...........................................Full Article: Source
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