OPEC Expert Committee to hold another meeting

Algeria's Energy Minister Noureddine Boutarfa said that another meeting of the OPEC expert committee will be held on November 24-25.

The first meeting of the expert committee is scheduled for October 28-29, it also will be held in Vienna.

He noted that the group’s Nov. 30 summit will fix quotas.

OPEC agreed to limit oil production in the range of 32.5-33 million barrels of oil per day at an informal meeting in Algeria in late September. However, there is no agreement on specific limits for each of the OPEC member-state.