A committee of participating states "expressed its satisfaction regarding the current oil market outlook with an overall healthy balance between supply and demand", a statement said, at the end of a meeting in Algiers.
OPEC and its allies are scheduled to meet on Sunday in Algeria to discuss how to allocate supply increases to offset a shortage of Iran supplies due to USA sanctions.
The price rally mainly stemmed from a decline in oil exports from Opec member Iran due to fresh USA sanctions.
OPEC and Russian Federation have capped production since January 2017 to bolster prices.
Sunday's meeting in Algiers brought together OPEC oil ministers and non-OPEC signatories to the 2016 agreement, as they seek to extend their cooperation.
Benchmark Brent oil reached $80 a barrel this month, prompting Mr Trump to repeat his demands for Organisation of Petroleum Exporting Countries (OPEC) to take action to lower prices.
He also took the opportunity to remind Middle East allies that they would "not be safe for very long" without USA protection. Trump tweeted on Thursday.
"We expect that those OPEC countries with available spare capacity, led by Saudi Arabia, will increase output but not completely offset the drop in Iranian barrels", said Edward Bell, commodity analyst at Emirates NBD bank.
2nd woman accuses Brett Kavanaugh of sexual misconduct
The White House and Kavanaugh have denied the allegation as a "smear", and the White House is standing by the president's nominee. They note that Kavanaugh had previously told the Senate Judiciary Committee, in response to a standard question from Sen.
Sarri makes surprising admission ahead of cup clash
Defender Antonio Rudiger limped off midway through the second half, but Sarri insists there was no long-term damage to the German. I want to see the picture of the situation tomorrow morning during the training session".
Amid a tightening market, US commercial crude oil inventories C-STK-T-EIA are at their lowest level since early 2015.
Falih said Saudi Arabia had spare capacity to raise output but such a move was not required at the moment and might not be needed next year as, according to OPEC's projections, a stellar rise in non-OPEC production could exceed global demand growth.
"My information is that the markets are adequately supplied".
"It's premature to say what we're going to do in 2019", he added.
The OPEC oil cartel raised its global production forecast on Sunday based on higher-than-predicted United States output in a report outlining a long-term rise in net demand, particularly in developing countries.
Russian Energy Minister Alexander Novak said no immediate output increase was necessary, although he believed a trade war between China and the USA as well as Washington's sanctions on Iran were creating new challenges for oil markets.
In May the United States pulled out of a 2015 deal between world powers and Iran under which global sanctions were lifted in return for curbs on its nuclear programme.
Fuel prices in the country continued to rise on September 24 pushing the petrol price in Mumbai past the Rs 90 per litre mark. Diesel price remained unchanged at Rs 78.42 per litre in Mumbai, Rs 78.10 in Chennai and Rs 75.72 in Kolkata.
Ford's testimony, Judge Kavanaugh will appear again before the committee", according to a statement from the committee. Meanwhile, Republicans viewed Ford's requests as a way to delay voting on President Donald Trump's nominee.
On Friday, Mr Grassley had rejected concessions Ms Ford wanted if she is tell her story publicly before the committee. She also accused Kavanaugh of laughing at her in the aftermath and has said the FBI should investigate the incident.
The developments could also determine the fate of Kavanaugh's confirmation, which hangs on the votes of a handful of senators. But Durbin left little doubt that that Democrats will go after Kavanaugh's drinking history to help shed light on the matter.
After a disastrous 48-17 loss against the Jets to start the season, the Lions played better in Week 2. The Lions tried to change Gronkowski's mind, but the 29-year-old refused to return their phone calls.
Powering the phone is Qualcomm's mid-range workhorse, Snapdragon 636, which is an octa-core processor, clocked at 1.8GHz. Motorola's Moto G series, which was once the best-selling series in the country, also diminished in terms of popularity.
The others to top 100 receiving yards were tight end Jared Cook and wide receiver Amari Cooper in Week 1 and Week 2, respectively. The star quarterback from Fresno State will look to turn things around against the Cleveland Browns on September 30.
Most recently, in August, a terror suspect crashed his auto into the security barriers surrounding the Houses of Parliament. On its Twitter page, the Metropolitan Police said the incident was not terrorism-related.
Second woman makes allegation against Kavanaugh
Other details over her appearance haven't been outlined and the back-and-forth was sure to continue on Sunday and into next week. Three of those people, PJ Smyth , Mark Judge, and Kavanaugh, have already denied any recollection of attending such a party.
Destiny 2 is having another free weekend for Gambit mode
All Destiny 2 players can access the " Forsaken " DLC's Gambit mode this weekend, regardless of whether they own the expansion. You can check out all four new maps, including the PS4-exclusive Gambler's Ruin, plus Convergence below.
Pompeo: US Would Win Trade War with China
The meeting was meant to discuss how to de-escalate the ongoing trade war between the USA and China, which began in July. On Tuesday, China said it would impose levies on $60 billion worth of U.S. goods effective September 24.
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Inquiries then led detectives to a home in Beverley, where a search warrant was undertaken and the baby meerkat found. A one-month-old meerkat that suddenly disappeared from its Perth Zoo enclosure has been found in a home at Beverley.
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Wood has attracted bumper galleries all year since making his return following major back surgeries. Woods holds a three-shot lead over Justin Rose and Rory McIlroy heading into Sunday's final round.
Real Madrid 'won't go to US' - club president Florentino Perez
The two iconic figures left the club this summer for different reasons as they both chose to face new challenges in their careers. Real Madrid manager Julen Lopetegui has talked up the importance of his side's 1-0 win over Espanyol at the Santiago Bernabeu.
Knicks nearing agreement to waive Noah
In March of 2017, he was suspended 20 games by the National Basketball Association for violating the league's anti-drug policy. The two-time All-Star averaged 9.3 points, 9.4 rebounds, 3.4 assists and 1.4 blocks during his first nine season with Chicago.