OPEC Decides to Maintain Current Production Levels

Eldonita de Ivan Martínez
2015-12-05 14:13:21

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Tehran, December 5 (RHC)-- Energy ministers from the Organization of Petroleum Exporting Countries, OPEC, have decided to maintain the bloc's current production levels, which could mean continued fall in oil prices.

The ministers say they will assess Iran's return to the market following the removal of sanctions before deciding on their next production ceiling.

Iran's oil minister says OPEC needs to introduce a country quota to strike a balance between supply and demand.



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