OPEC leaves oil output target intact for another three monthsSigns of global economic recovery not strong enough to justify increasing production before summer, cartel members say after March 15 meeting by The Associated Press
OPEC announced March 15 that it would not change its oil production target until its members meet again in June to reassess market conditions, reflecting uncertainty over signs the economy is recovering.
The decision, approved in a five-hour meeting at the group’s Vienna headquarters, was expected....
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