Algeria says Opec, non-Opec oil producers need to talk output cuts
[NEW DELHI] Algeria's energy minister said on Wednesday Opec and non-Opec members need to discuss oil production cuts together, as US crude touched its lowest since 2003 amid a supply glut.
"We need a joint discussion between Opec and non-Opec to reduce together the production," Salah Khebri, whose country is a member of the Organization of the Petroleum Exporting Countries, told Reuters in New Delhi.
When asked if there would be a special OPEC meeting to assess the current oil situation, Khebri said a "discussion is ongoing and we will see in future".
Khebri is in New Delhi to attend the fourth India-Africa Hydrocarbon Conference to be held from Jan 21-22.