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Algeria proposes 1.1mn bpd OPEC cut: Iran media
Imaduddin
27 Nov, 2016
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Copyright AFP (Agence France-Presse), 2016
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![](https://i.brecorder.com/images/2016/11/brent-1nov.jpg">TEHRAN: Algeria has proposed that OPEC members cut 1.1 million barrels of daily oil production to boost prices, Iran's Shana news agency reported Sunday.</P><P>Members of the Organization of the Petroleum Exporting Countries are due to meet on Wednesday in Vienna to discuss capping production.</P><P>At an informal meeting in Algiers in September, the 14 members agreed to work towards a cut of between 500,000 and one million barrels.</P><P>)
