"OPEC," says it is not seeking a specific price range for oil

Hafquz / According to the official APS news agency that OPEC Secretary-General Mohammed Barkindo said that the organization does not seek a specific price range for oil during a meeting later this month in Algeria, but they want to stabilize the market.
The agency said he made his comments after a meeting late on Friday with the ministers of Algeria's energy and Saudi Arabia in Paris. The agency quoted Barkindo as saying that "the oil market should be stabilized through a less volatile price .. so what we are trying to achieve in the context of our consultations aimed to make the member countries are working in one direction, namely the achievement of lasting stability of the market