OPEC unlikely to deepen oil supply curbs

OPEC is unlikely to cut its oil output target at meeting this month, a source close to the group’s Angolan president and a second OPEC delegate said as oil hit a six-month high of $60 a barrel.
The exporter group is likely at its May 28 meeting in Vienna to focus on complying with 4.2 million barrels per day (bpd) of existing output curbs, the sources, who spoke on condition that they not be identified, said on Tuesday.
Guardian