| The Organization of the Petroleum Exporting Countries’ (Opec) current crude production is “adequate to the market” and there is no talk of the cartel changing its output target of 30 million barrels per day (bpd) when it meets in December, the United Arab Emirates’ (UAE) energy minister, Suhail bin Mohammed al-Mazroui, said.
Opec, which pumps more than a third of the world’s oil, meets on 4 December in Vienna to decide whether to adjust its output target...............................................Full Article: Source |