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OPEC expects more compliance

OPEC expects more compliance
OPEC members say output should remain the same, but they want to see more compliance from some of the members.

OPEC members say output should remain the same, but they want to see more compliance from some of the members.

"OPEC members say output should remain the same, but they want to see more compliance from some of the members," the official told.

"Everyone seems to be happy about the current prices, and they want to see it about $75 a barrel," the official said.

Oil ended at a near two-week high Friday, with light, sweet crude for January delivery settling 71 cents, or 1%, higher at $73.36 a barrel on the New York Mercantile Exchange.

Oil inventories remain above their five-year average, and OPEC sees more demand in the market driven by China and India, the official said. He added that signs of economic recovery from the U.S. and Europe remain unclear.

www.TurkishMaritime.com.tr

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