OPEC TO CUT PRO­DUC­TION

Qatar Today - - BUSINESS -

Ac­cord­ing to the OPEC Sec­re­tary-Gen­eral Ab­dalla El-Badri, the group may cut pro­duc­tion next year.

The Or­ga­ni­za­tion of Pe­tro­leum Ex­port­ing Coun­tries' daily out­put tar­get could fall by 500,000 bar­rels to 29.5 mil­lion bar­rels in 2015, El-Badri said at OPEC's sec­re­tariat in Vi­enna after talks with Rus­sian En­ergy Min­is­ter Alexan­der No­vak.

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