OPEC to meet other producers next month on supply, price Zanganeh says he’ll meet OPEC Secretary General Barkindo Iran’s Oil Minister Bijan Namdar Zanganeh will join an informal meeting of OPEC members next month in Algiers, a state news service reported, ending uncertainty about whether OPEC’s third-biggest producer would participate. Producers from the Organization of Petroleum Exporting Countries will meet on the sidelines of an energy policy group in the Algerian capital next month to consider conditions in the oil market, OPEC’s president, Qatar’s minister Mohammed Al Sada, said on Aug. 8. Saudi Arabia, the world’s largest exporter, is working “to restore balance between supply and demand to support oil prices,” and OPEC and non-members will discuss potential steps in Algiers to stabilize markets, Saudi Energy Minister Khalid Al-Falih said on Aug. 13. “I will participate in this meeting,” Iran’s Zanganeh was cited as saying by the oil ministry’s […]