Tags: OPEC | Million | Barrel | Output

OPEC Said to Agree to 30 Million-Barrel Output, Delegate Says

Tuesday, 13 Dec 2011 10:26 AM

Members of the Organization of Petroleum Exporting Countries including Iran and Venezuela are in agreement that the group should set a production ceiling of 30 million barrels a day, an OPEC delegate said.

The group may not allocate individual quotas to each of the 12 nations because there may be disagreement on how the total oil output should be distributed, the person said, declining to be identified because the matter hasn’t been decided.


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Members of the Organization of Petroleum Exporting Countries including Iran and Venezuela are in agreement that the group should set a production ceiling of 30 million barrels a day, an OPEC delegate said.The group may not allocate individual quotas to each of the 12...
OPEC,Million,Barrel,Output
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2011-26-13
Tuesday, 13 Dec 2011 10:26 AM
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