OPEC expects quick deal leaving output target steady
December 12, 2012 10:43
VIENNA - OPEC oil ministers meet on Wednesday expected to hold production limits steady despite forecasts for a fall in demand in the first half of 2013.
Ministers gather at 1000 (0900 GMT) for a scheduled two hour meeting that is expected to wrap up at 1200.
Expectations are that the Organization of the Petroleum Exporting Countries will retain a production target at 30 million barrels a day for the first six months of next year.