Agreed OPEC Quota Preserve
Economy May 28th, 2010
WINA – State Organization of Petroleum-Exporting Countries (Opec) agreed to maintain current production quotas, 24.84 million barrels per day.
It was stated Saudi Arabian Oil Minister Ali al-Nuaimi, preceding the official announcement of OPEC meeting in Vienna. “No further questions, is there an agreement to that,” said Nuaimi.
He added that the ministerial meeting of member countries of OPEC in Austria’s capital was in order to keep the situation was conducive assessed at this time. The emergence of these comments from Nuaimi yesterday boost world oil prices return to levels of USD82 per barrel.
