OPEC keeps quotas unchanged but oil prices continue to fall

OPEC keeps quotas unchanged but oil prices continue to fall

At the end of the last meeting in Vienna, OPEC kept oil production quotas unchanged, but OPEC ministers didn't announce its options for the next year.

The lack of a decision means that the country will maintain the current level of production (about 31.5 million barrels of oil a year), without returning to the peak of 30 million barrels of oil a day, the president of OPEC, Nigeria's oil minister Emmanuel Ibe Kachikvu said, Tass reports.

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