Dr,Muhammad Sanusi Barkindo FNIM, (Wali Adamawa) OPEC, Secretary-General and Iran's oil
minister to discuss global oil market conditions
and crude prices has started in Tehran, the
ministry's official reported on Tuesday.
"The meeting between the OPEC official and
Minister (Bijan) Zanganeh started a few minutes
ago. Barkindo arrived in Tehran on Monday
night," SHANA, the ministry's information service,
said.
Members of the Organization of the Petroleum
Exporting Countries will meet on the sidelines of
the International Energy Forum (IEF), which
groups producers and consumers, in Algeria on
Sept. 26-28.They are expected to seek to revive a global deal to stabilise oil output levels.
Non-OPEC member Russia, the world's top oil producer, is also expected to attend the IEF.Hit by global oversupply, oil prices LCOc1 collapsed to as low as $27 per barrel earlier this year from as high as $115 in mid-2014, but have since recovered to around $47.