Algerian Energy & Mines Minister and current rotating president of the Organization of Petroleum Exporting Countries (OPEC), Chakib Khelil speaks at a press conference held after the end of the meeting of the Organization of Petroleum Exporting Countries (OPEC) at a hotel in Oran, Algeria, yesterday. OPEC announced after its 151th extraordinary ministerial conference here that it will slash its official oil output quota by 2.2 million barrels per day (bpd) from Jan. 1 next year.- Xinhua