OPEC nations representing 94 percent of the group’s output said they were at ease with supply and demand in global oil markets before a meeting in Vienna today to decide on a collective production limit. Oil ministers from Angola , Ecuador , Kuwait and Venezuela all said they anticipated that the Organization of Petroleum Exporting Countries would roll over its existing ceiling of 30 million barrels a day. Saudi Arabia, Libya, Nigeria and the United Arab Emirates said supply and demand are well matched. Iraq ’s minister said there were indications the limit would be retained, while his Iranian counterpart also expected no change. The 10 nations accounted for about 28.2 million barrels a day of output in May, while the group’s combined production amounted to about 30 million barrels, data compiled by Bloomberg show. Ministers from Algeria and Qatar declined to comment on the oil market or OPEC’s […]