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Reuters reported that OPEC oil producers are looking forward to the mid-December meeting to agree a new production target to discuss the current cartel output at 30 million barrels a day.
Reuters reported that OPEC oil producers are looking forward to the mid-December meeting to agree a new production target to discuss the current cartel output at 30 million barrels a day.
As quoted in the market news:
OPEC sees average 2012 demand for OPEC crude at 30 million bpd compared to 29.8 million bpd from the U.S. Energy Information Administration and 30.4 million bpd from the Paris-based International Energy Agency.
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