OPEC moves to a consensus on the issue of limitation of oil production - Saudi Minister

Saudi Arabia's Foreign Minister said on Thursday that the kingdom would be reasonable to reach agreement with other oil producers about changes of .

Adel al-Jubeir in a speech at an event in Tokyo, said that OPEC and non-organization of producers make more and more steps towards joint efforts.

"I think that we are moving towards a common position, to the joint efforts, - he said. - If the other producers to agree, it is reasonable to Saudi Arabia agreed with this".

OPEC representatives gathered behind the scenes of the International Energy Forum with the participation of producers and consumers of oil, which will be held in the capital of Algeria 26-28 September, and is expected to try to revive the production of frozen treaty.

It is expected that Russia will also take part in the forum.

"If we want the effect, then we all have to take responsibility, and I believe that in the last five or six months, I believe that the increased understanding that this collective effort"- the minister said.

Iraqi Prime Minister Haider al-Abadi said this week that the second largest oil producer after Saudi Arabia, OPEC's decision to support the freezing of oil in order to maintain the price of black gold, but oil minister said that Iraq wants to continue to increase production.

Iran also sent optimistic signals that can support joint efforts in support of the oil market, said sources in OPEC and oil industry in August.

Tehran has refused to support a previous attempt to OPEC and producers outside the cartel, including Russia, stabilize production, and talks about the freezing failed in April.

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