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OPEC could announce oil freeze in Algeria, details later: sources

Published 09/28/2016, 01:28 PM
Updated 09/28/2016, 01:30 PM
© Reuters. Participants pose at the 15th International Energy Forum Ministerial (IEF15) in Algiers

© Reuters. Participants pose at the 15th International Energy Forum Ministerial (IEF15) in Algiers

ALGIERS (Reuters) - OPEC could announce an output-freeze deal on Wednesday in Algeria, although full details are unlikely to be firmed up before a formal meeting of the Organization of the Petroleum Exporting Countries in November, two OPEC sources said.

© Reuters. Participants pose at the 15th International Energy Forum Ministerial (IEF15) in Algiers

They spoke on condition of anonymity as no decision had yet been reached at OPEC's informal meeting in Algiers. The meeting has been going on for more than two hours.

Latest comments

Buy with the rumours, sell with the sign..
No date, no planning, no numbers but crude increase by more than 5% ! is it a joke or a necessary excuse to lift indices and obtain acceptable monthly result ?
Unofficial news in an informal meeting. The severity of the impact on oil prices ...
Written and signatures please!
Yeah, right.
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