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OPEC agrees to no change in oil output

The Organisation of the Petroleum Exporting Countries (OPEC) ministers on Saturday agreed to keep oil supply curbs in place with no change in production, an OPEC delegate said.

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The Organisation of the Petroleum Exporting Countries (OPEC) ministers on Saturday agreed to keep oil supply curbs in place with no change in production, an OPEC delegate said.

OPEC left output policy unchanged, despite a recent surge in crude prices to 2-year highs of $90 a barrel.

The delegate said OPEC had agreed to meet again in June.

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