Opec leaves production targets unchanged

Oil producers today decided to leave production targets unchanged as the price of crude remained at six-month highs.

Opec leaves production targets unchanged
Thu, 28 May, 2009 - 16:54

Oil producers today decided to leave production targets unchanged as the price of crude remained at six-month highs.

A meeting of the Opec oil cartel in Vienna agreed to freeze levels of output, citing the state of the global economy and warned that stock levels still outstripped demand.

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