Photographer: Dewira/AFP/Getty Images

OPEC Said to Consider New Output Ceiling as Indonesia Joins

Updated on
  • Output target may be raised to 31 million barrels a day
  • Change doesn't imply higher output from OPEC members

The Organization of Petroleum Exporting Countries is considering raising its official production target at its next meeting on Dec. 4 to take into account new member Indonesia, according to two OPEC delegates.

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