OPEC leaves production quotas unchanged – report
From forexlive.com
No change in oil production from OPEC A newswire source in Vienna reports that OPEC members have decided to maintain the current production level of 30.0 million barrels a day. Chatter that the comment came from a delegate leaving the meeting, cited by Bloomberg. Now Reuters confirming, they cite Saudi Arabia’s oil minister who was asked if OPEC will not cut, he said “that is right” Oil is falling out of bed, WTI down 3.4%, testing $71/barrel.
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