Showing posts with label ceiling. Show all posts
Showing posts with label ceiling. Show all posts

Wednesday, May 29, 2013

OPEC to maintain crude production ceiling



LONDON (AFP) – 
OPEC meets on Friday in Vienna and is expected to maintain its crude production ceiling, with Brent oil prices steady above $100 a barrel, analysts said, with angst over weaker demand particularly from China.
Ministers from the Organization of Petroleum Exporting Countries (OPEC) will convene in the Austrian capital amid demand worries linked to poor global economic growth, and with one eye on the prospect of booming US shale output.

ST

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