OPEC maintains quota at 30M barrels/day at Vienna meeting
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OPEC Maintains Output at 30M Barrels/Day as U.S. Gains Better Traction
May 31, 2013 8:28 AM EDTCrude futures are lower Friday amid a largely expected output decision from the Organization of the Petroleum Exporting Countries (OPEC) today.
From a meeting in Vienna, Venezuelan Oil Minister Rafael Ramirez said OPEC would maintain output at 30 million barrels per day, in-line with consensus views.
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