Special Opec meeting in February: Iran
Iran's Opec representative Mohammad Ali Khatibi said on Monday that the organisation would hold an extraordinary meeting in Kuwait in February, state television website reported.
"The extraordinary meeting of the Organisation of Petroleum Exporting Countries is due to be held next month in Kuwait," Khatibi was quoted as saying.
"The exact date has not been fixed yet and no invitation has been sent to the members either," he added.
World oil prices rose in Asian trade late on Monday, fuelled by the continuing conflict in the Middle East after Israel stepped up its military onslaught on Gaza.
New York's main contract, light sweet crude for February delivery, was up 1.21 dollars to 47.55 dollars a barrel in the afternoon. Brent North Sea crude for February delivery was trading 81 cents higher at 47.72 dollars.
Despite the spike in prices, analysts said the rally was likely to be unsustainable because of low energy demand caused by a weak global economy.
Last month, Opec agreed to cut output by 2.2 million barrels per day but prices continued to fall afterwards.
Iran, the organisation's number two producer, which was supportive of a serious supply cut at the previous meeting, had not decided on any move yet.