Members of the Organization of Petroleum Exporting Countries (OPEC) left their 30 million barrel-per-day quota for oil production intact Wednesday, a decision that indicates the cartel’s satisfaction with current crude prices and its reluctance to do anything to further weaken the world economy, The New York Times reports.
The OPEC also re-elected its head, Abdalla Salem al-Badri, as director general of the body.
OPEC leaves production quotas in place
3575 views
