OPEC output hike 'not on agenda': Hamli

摘要

Rabigh, Saudi Arabia-OPEC has no current plans to raise crude production at its December 22 meeting in Angola, UAE oil minister Mohamed bin Dhaen al-Hamli said at the weekend. "[Raising output] is not on the agenda," Hamli said, quoted by English language newspaper The National November 7. Separately, a Gulf source said November 8 that OPEC did not expect to make any changes to production if current market trends continued. He also said oil prices were expected to hold around $80/barrel to the end of the year barring unforeseen events.