OPEC seen in consensus on output cut

ALGIERS (Reuters) - OPEC ministers are in agreement on the need to cut output when they meet on Wednesday in Algeria to prop up sagging prices, OPEC President Chakib Khelil said on Saturday.

"There is an OPEC consensus on the reduction. But I can not tell you (more)," Khelil told reporters.

Since early September, the Organization of the Petroleum Exporting Countries has already agreed to reduce supply by a total of two million barrels per day (bpd).

OPEC oil ministers are scheduled to meet in the western Algerian city of Oran on Wednesday amid expectations they will endorse a large cut in supplies to prevent further falls in oil prices.

Khelil, who is also Algeria's energy and mining minister, said Russia and some other non-OPEC oil producing countries like Azerbijan are to due attend the Oran meeting.

But he gave no further details about their possible contribution in trimming oil crude supply. (Reporting by Hamid Ould Ahmed)