Africa Oil & Gas: Algeria to Host September OPEC Meeting

opec - mozambiqueminingpost27Algeria is the destination of the September OPEC meeting according to the country’s Energy Minister Mustapha Guitouni.

“This meeting will allow the OPEC countries to consult and work together to maintain the stability of the oil market,” Guitouni said speaking at a news conference in Algiers.

He went on the comment on the volatility of oil prices currently, saying this was due to external factors affecting the market. He said they would stabilize automatically after achieving the balance between supply and demand.

This site uses Akismet to reduce spam. Learn how your comment data is processed.