The Organization of the Petroleum Exporting Countries has agreed to keep existing output targets unchanged, Reuters reported. The decision was widely expected and followed a meeting that began around 10 p.m. (2000 GMT) on Wednesday. The group has kept official output targets steady since it announced late last year a record cut of 4.2 million barrels per day (bpd) from September 2008 production.
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Hits: 200 | Published: 10 September 2009 | Category: News
