Levels of compliance with implied targets, however, have slipped to 57%, according to a Reuters survey, leaving plenty of scope to adjust output informally as the market dictates.
Naimi happy with oil price
Saudi Arabian Oil Minister Ali Naimi said he was happy with today's oil market, comfortable with economic growth and he stood by earlier comment the ideal price was between $70 to $80 per barrel.
11 October 2010 21:02 GMT
Updated
11 October 2010 21:02 GMT
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