OPEC maintains production levels unchanged

FXStreet (Mumbai) - Saudi Oil Minister Naimi, while talking to Reuters said, the meeting between OPEC members was amicable and he's happy with the OPEC decision to maintain the production ceiling.

The group agreed to keep its daily output levels unchanged at 30 million barrels per day. Naimi also said the next OPEC meet will be held on Dec 2.

Brent Oil jumped 60 cents to trade at USD 62.630/barrel levels after the news hit the wires.