| Iraq's OPEC governor Falah Alamri said on Thursday that oil market circumstances are now more favorable for OPEC and other oil producers to reach a deal to support the market when they meet next week in Algeria.
"This time I think a little bit different (than in Doha) because circumstances are little bit better, helping (producers) to reach a deal," Alamri said, when asked about the prospect of a global oil production pact in Algeria. OPEC and non-OPEC producers are expected to revive a production freeze deal when they meet in Algeria on Sept. 26-28 after a similar initiative collaped in Doha in April because Iran refused to restrict its supplies.............................................Full Article: Source
|