October 19, 2017 / 10:14 AM / a year ago

Saudi Arabian oil minister says discusses with Algerian PM ways to rebalance oil markets

FILE PHOTO: Saudi Arabian Energy Minister Khalid al-Falih attends a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia July 24, 2017. REUTERS/Anton Vaganov

ALGIERS (Reuters) - Saudi Arabian Energy Minister Khalid al-Falih has had talks with Algeria’s prime minister about OPEC’s next meeting, due in November, and efforts to rebalance oil markets in 2018, he said in comments broadcast on Thursday.

“We will look into what will be agreed during this (OPEC)meeting to continue joint action aimed at rebalancing oil markets in 2018,” he said on Algerian state radio after meeting Prime Minister Ahmed Ouyahia late on Wednesday.

Reporting by Hamid Ould Ahmed; Editing by Ulf Laessing, Greg Mahlich

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