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OPEC, non-OPEC July meet to take no decisions: Algeria energy minister

Reuters  |  ISTANBUL 

ISTANBUL (Reuters) - A joint meeting of OPEC and non-OPEC nations in later this month will only discuss the market but will take no decisions, Algerian Energy Minister Mustapha Guitouni said on Wednesday.

"The (global output cut) decision had already been taken until March 2018," he said during an international energy forum. "Algeria's current crude production is 1.7 million barrels per day. This is our quota and it is respected."

(Reporting by Olesya Astakhova; Writing by Dmitry Solovyov; Editing by Katya Golubkova)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 12 2017. 15:01 IST