The outlook for the world oil market is now dominated most by the outcome of the ministerial meeting of the members of the Organization of Petroleum Exporting Countries in Vienna on Nov. 30, the International Energy Agency said in the November issue of its Oil Market Report. OPEC announced 2 months ago in Algiers that it would examine how to set up a supply ceiling between 32.5 million b/d and 33 million b/d.

Source: News