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Consensus in OPEC to keep output stable-president

oil prices to remain around $70-$80 next year-says OPEC president.

October 13, 2010 1:16 by

There is a consensus among OPEC oil ministers to leave the group’s output unchanged when they meet on Thursday, OPEC President Wilson Pastor said on Wednesday.

“Yes, there is a consensus,” he told Reuters.

Pastor, also Ecuador’s oil minister then added: “We are going to propose an extraordinary OPEC meeting in Quito on December 14th.”

He said he expected oil prices to remain around $70-$80 next year. “This is our forecast,” Pastor said.

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