Algeria and Venezuela by promoting the elimination of national differences between the main OPEC. OPEC oil policy meeting will be held in Vienna in November 30th.

Saudi Arabia, Iraq and Iran on how to share the cuts are still differences. Algeria news agency reported Sunday, the Saudi energy minister Farich said OPEC Algeria on September production agreement is necessary.

OPEC oil production reached a record high, the market worried about whether OPEC output to reach an agreement, but we believe that most of the OPEC oil producers have been trying their best to production. At present, OPEC countries actively promote the production is expected, in view of the oil producing countries try later this month before the meeting for its location.

The organization of Petroleum Exporting Countries (OPEC) announced Friday, October oil output rose to another record high, despite its planned production, this indicates that the excess supply of the market next year will be more serious. OPEC said in a monthly report, according to the collected from the secondary sources of data, October daily production of 33 million 640 thousand barrels, higher than in September 240 thousand barrels / day.