Algeria says oil price is "good"
World oil prices are at a good level, Algerian energy minister, Youcef Yousfi, said on Monday.
Oil ministers from
members of the Organization of the Petroleum Exporting Countries are to
meet on December 11 in Ecuador. Several member states, including
Algeria, have said there is unlikely to be a change in production
quotas at the meeting.
“They are good.
They will stay at their current level, God willing,” Mr. Yousfi told
reporters when asked about oil prices. Algeria is the world’s eighth
biggest exporter of crude oil.
Leave a Reply