Too early for the oil exporters’ to make a decision

On Monday, The Organization of the Petroleum Exporting Countries (OPEC) president Jose Botelho de Vasconcelos said it was still too early for the oil exporters’ group to make a decision on production changes. Global oil market still oversupplied.

The news article is quoted as saying:

The Organization of the Petroleum Exporting Countries will meet in Luanda, Angola, on Dec. 22 to decide on its oil production policy.

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