Economy

OPEC keeps output ceiling of 30 million bpd: Saudi oil minister

The Organization of Petroleum Exporting Countries (OPEC) has decided to maintain its current output ceiling of 30 million barrels per day, following a semiannual meeting in the Austrian capital of Vienna, the Saudi oil minister say.

Saudi Arabia’s Oil Minister Ali al-Naimi was quoted by in a Friday AFP report as saying that the organization has kept the output ceiling at 30 million barrels per day.

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