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OPEC Secretary-General says no major decisions will be made in Aljazeera

19 September 2016 08:31 (UTC +04:00)

Baku - APA-Economics. OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country’s state news agency APS reported on Sunday, Financial Express reported.

Barkindo said he was optimistic about the meeting in Algeria on Sept. 26-28. He has previously said discussions in Algiers will be consultations and no major decisions will be made during talks with OPEC and non-OPEC producers.

“The informal gathering was proposed as a move to having an extraordinary meeting with the aim of taking decisions to stabilise the market,” Barkindo said.