DUBAI (Reuters) - The Organization of the Petroleum Exporting Countries reached consensus on Wednesday to freeze oil production to support prices, the Iranian oil minister said after an informal meeting of the OPEC members in Algeria.
“OPEC made an exceptional decision today ... After two and a half years, OPEC reached consensus to manage the market,” Bijan Zanganeh was quoted by Iran’s SHANA news agency as saying
Reporting by Bozorgmehr Sharafedin. Editing by Jane Merriman
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