ALGERIA - DECEMBER 15: Chakib Khelil, Algeria's oil minister and Organization of Petroleum Exporting Countries (OPEC) president, gestures while speaking to journalists in Oran, Algeria, on Monday, Dec. 15, 2008. OPEC must reduce global oil stockpiles as the deterioration in demand worsens, Khelil said today. (Photo by Adam Berry/Bloomberg via Getty Images)
