x Abu Dhabi, UAEWednesday 26 July 2017

OPEC leaves output unchanged

OPEC has left its production target unchanged after its first ministerial meeting of the year, surprising no one.

Nothing new: there were no surprises in the oil group's announcement regarding production targets this year.
Nothing new: there were no surprises in the oil group's announcement regarding production targets this year.

VIENNA // OPEC has left its production target unchanged after its first ministerial meeting of the year, surprising no one. The oil exporters' organisation said it was hoping for a continuation of the relative oil market stability experienced over the past five months, but added that was far from assured.