No 37



OPEC Ministers Expect No Change In Quotas At Vienna Meeting

OPEC oil ministers have indicated they expect to leave the organizations oil production quotas unchanged when they meet at their scheduled ministerial conference in Vienna on 24 September. OPEC Secretary-General Alvaro Silva said on 8 September there was no need for the group to change its output targets at the upcoming meeting. We now have (a production ceiling of) 25.4mn b/d, that is adequate to...