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Commodities Briefing - Categorized | Market Pulse, Oil more

OPEC likely to keep output unchanged

Posted on 10 October 2011

The Iranian OPEC Governor, Mohammad-Ali Khatibi, says the organization’s members will probably keep their target oil output unchanged. “Oil producers and consumers are satisfied with the current price level for crude,” the Organization of Petroleum Exporting Countries’ chairman was quoted on Saturday by the Oil Ministry’s official website, Shana, as saying.
“It is predicted that most of the OPEC members agree to maintain the current level of oil production” during the organization’s next meeting, he added……………………………………….Full Article: Source


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