OPEC May Hold Formal Oil Talks If Members Agree in Algiers

  • Producer group’s ministers to meet in Algiers on Sept. 27
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OPEC Committee Meeting Delayed Ahead of Algiers Talks

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OPEC may convene an extraordinary meeting if the group’s ministers reach a consensus on oil markets at an informal gathering next week in Algiers, Secretary General Mohammed Barkindo said, according to Algeria’s official news agency.

Barkindo said he is “optimistic” about the informal session in Algiers to be held Sept. 27 on the sidelines of a conference of the International Energy Forum, Algeria Press Service reported. He made his comments in Algiers after meeting with the country’s energy minister, Nourredine Boutarfa, it said.