ALGIERS: An agreement by OPEC oil producers to raise crude output will "rein in prices", Algerian Prime Minister Ahmed Ouyahia said on Saturday on television.

OPEC agreed to a modest rise in oil production from next month but the group gave no clear targets, leaving traders guessing how much more it will actually pump. 

(Reporting by Hamid Ould Ahmed; Writing by Ulf Laessing; Editing by Mark Potter) ((Ulf.Laessing@thomsonreuters.com; Reuters Messaging: follow me on twitter @ulflaessing))