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Opec finds oil output consensus: 'Don't rock the boat'

Members are set to keep production ceiling unchanged with prices having stabilised and competition abated

(From far left) Opec secretary-general Abdullah Al-Badri, Qatar Minister of Energy and Industry Mohammed Saleh Al-Sada, and Saudi Arabia Oil Minister Ali Al-Naimi attending the Opec seminar.


OPEC (Organization of the Petroleum Exporting Countries) is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived moribund demand and knocked back growing competition.

With oil prices having stabilised, for now