OPEC to keep output steady after prices rise

The Organisation of Petroleum Exporting Countries (OPEC) will agree next week to keep production levels unchanged as rising prices have
eased pressure on budgets and there are hints of economic recovery over the next year, an agency report said on Thursday.

Eleven of 12 oil analysts and economists surveyed by the agency predicted the group would maintain output and stress again the need for adherence to existing quotas when they meet in Vienna on May 28.
EconomicTimes