There have been many official statements about the need to reset the production of crude oil around the world, because of fears of rising stocks during the next year 2019.
Both Saudi Arabia and Russia fear doubts will affect demand growth for crude, which means a bigger rise in crude oil supply.
Oil experts said that the world oil markets need to continue to reduce production, with the possibility of intervention according to the variables to maintain the stability of prices, according to "Anatolia."
Oil prices have been volatile for nearly a month, driven by growth fears and US statements that production should not be cut, and others linked to the impact of emerging markets, reducing demand for crude.
In October, Brent crude was $ 86 a barrel, but Friday's drop to an average of $ 65.
The meeting of the Joint Ministerial Committee to discuss the results of the production reduction agreement and the need to pump more crude into the global market was held in the UAE capital Abu Dhabi on Sunday.
The committee consists of all countries "Kuwait, Russia, Oman, Venezuela and Algeria", and is concerned with issuing recommendations that determine the direction of OPEC meetings.
