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OPEC could announce oil freeze in Algeria, details later

Published September 28, 2016 Updated September 28, 2016 07:13pm

1 min

By Shoaib Ur Rehman

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ALGIERS: OPEC could announce an output-freeze deal on Wednesday in Algeria, although full details are unlikely to be firmed up before a formal meeting of the Organization of the Petroleum Exporting Countries in November, two OPEC sources said.

They spoke on condition of anonymity as no decision had yet been reached at OPEC's informal meeting in Algiers. The meeting has been going on for more than two hours.

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