As expected, OPEC ministers agreed to maintain official crude output at 30 million b/d, with the oil producer group’s Gulf Arab members particularly upbeat about the decision. “Same ceiling, 30 million b/d,” Saudi Arabian oil minister Ali Naimi told reporters as he left OPEC’s secretariat in the Austrian capital. “You will be surprised by how amicable the meeting was,” Naimi said, adding that OPEC would next meet on December 4. UAE oil minister Suhail al-Mazrouei said he was “very happy,” while Kuwait’s Ali al-Omair emerged giving the thumbs-up sign. “It is a very good one,” Omair said. Analysis continues below… Oilgram News brings you fast-breaking global petroleum and gas news on and including: Industry players, upstream and downstream markets, refineries, midstream transportation and financial reports Supply and demand trends, government actions, exploration and technology Daily futures summary Weekly API statistics, and much more And Qatar’s Mohammed al-Sada described the […]