OPEC keeps oil output steady

10 September,2009 10:21 AM IST |   |  Agencies

The Organisation of the Petroleum Exporting Countries decided on Wednesday to leave its current production levels unchanged, Algerian Energy and Mines Minister Chakib Khelil said after the cartel's meeting in Vienna.


The Organisation of the Petroleum Exporting Countries decided on Wednesday to leave its current production levels unchanged, Algerian Energy and Mines Minister Chakib Khelil said after the cartel's meeting in Vienna.

So far, OPEC countries have implemented only 70 per cent of production cuts decided last year, which total 4.2 million barrels per day. One barrel equals 159 litres.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
OPEC keeps oil output steady