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

24 June 2018 10:45 (UTC+04:00)
OPEC deal to raise oil production will 'rein in prices' - Algerian PM

By Trend

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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