OPEC, Non-Oil Cartel Members Discuss Production Cuts

"The recovery process has taken far too long and we cannot risk delaying the adjustment any further," said Sanusi Barkindo, the secretary general of the Organization of the Petroleum Exporting Countries, in his opening remarks, AFP reported.

"Therefore, we should be calling for maximum commitment from all OPEC and non-OPEC countries in this regard and we should expect no less as this is our commitment, not only to our member countries but to the global community."

Moscow's delegation declined to comment before the meeting. But OPEC and Russia -- the world's top oil producer along with Saudi Arabia -- have held several meetings recently to tighten cooperation to ease price volatility.

"There is an acute and urgent need to speed up the rebalancing," Russian Energy Minister Alexander Novak said during a recent Vienna visit.

Other non-OPEC members attending the technical committee meeting included delegations from Oman, Bolivia and Azerbaijan.

"We will discuss the recognized positions of countries, first of all the OPEC countries," Azerbaijan's Energy Minister Natig Aliyev told reporters in Vienna.

He added that some measures needed "to be taken to stabilize the market".

On Friday, OPEC-only members, led by oil kingpin Saudi Arabia, had already met to try and hammer out details of the plan ahead of a summit in late November.

In a surprise move, the cartel last month agreed a deal to trim production by up to 750,000 barrels per day to between 32.5 and 33 millions per day.

The announcement of the first such move since 2008 sent prices surging.

Production has outpaced demand over the past two years, with the resulting supply glut hammering prices from highs of more than $100 a barrel in June 2014 to near 13-year lows below $30 in February this year.

Prices are currently hovering around $50 a barrel, still too low for oil revenue-dependent nations.