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OPEC deal to raise oil production will 'rein in prices' - Algerian PM

Other News Materials 24 June 2018 00:33 (UTC +04:00)
An agreement by OPEC oil producers to raise crude output will “rein in prices”
OPEC deal to raise oil production will 'rein in prices' - Algerian PM

An agreement by OPEC oil producers to raise crude output will “rein in prices”, Algerian Prime Minister Ahmed Ouyahia said on Saturday on television, Reuters reported.

OPEC agreed to a modest rise in oil production from next month but the group gave no clear targets, leaving traders guessing how much more it will actually pump.

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