International Energy Agency: This year global oil demand is forecast to be 97.8 million barrels (19 January 2017 18:46)
OPEC lowers oil production in December (18 January 2017 17:46)
Saudis see no need to extend OPEC deal beyond six months (16 January 2017 18:46)
Date: 4 December 2015 18:27
OPEC has agreed to raise its output ceiling to 31.5 million barrels per day at a meeting on Friday, OPEC sources said in what appeared to be an effective acknowledgment of existing production, Reuters reported.
It was not immediately clear if the new ceiling included rejoining member Indonesia or not.
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