OPEC Likely to Maintain Oil Output at Next Meeting, Angola Says

The Organization of Petroleum Exporting Countries is likely to maintain current oil output levels when it next meets on Oct. 14 because oil prices are still at a satisfactory level, Angola Oil Minister Jose Maria Botelho de Vasconcelos said.

While oil activity may see “sudden changes, sentiments and signs within OPEC are to keep things as they are,” Vasconcelos told reporters in the capital, Luanda, today.