Algeria is optimistic about the possibility of OPEC+ members agreeing on the extension of the current oil production cuts until the end of March 2021, a source in the country's Energy Ministry told Sputnik on Monday
ALGIERS (Pakistan Point News / Sputnik - 30th November, 2020) Algeria is optimistic about the possibility of OPEC+ members agreeing on the extension of the current oil production cuts until the end of March 2021, a source in the country's Energy Ministry told Sputnik on Monday.
"Algeria, [presently chairing the OPEC,] is optimistic that OPEC+ members can reach a consensus on extending the current output cuts until the end of March 2021," the source said.
"Consultations are ongoing in an intensive way to reach an agreement," the source added.
