Reason.com - Free Minds and Free Markets
Reason logo Reason logo
  • Latest
  • Magazine
    • Current Issue
    • Archives
    • Subscribe
    • Crossword
  • Video
    • Reason TV
    • The Reason Roundtable
    • Free Media
    • The Reason Interview
  • Podcasts
    • All Shows
    • The Reason Roundtable
    • The Reason Interview With Nick Gillespie
    • Freed Up
    • The Soho Forum Debates
  • Volokh
  • Newsletters
  • Donate
    • Donate Online
    • Ways To Give To Reason Foundation
    • Torchbearer Society
    • Planned Giving
  • Subscribe
    • Reason Plus Subscription
    • Print Subscription
    • Gift Subscriptions
    • Subscriber Support

Log In

Create new account

Politics

OPEC to Keep Output at 30 Million Barrels Per Day

Cartel in action

Reason Staff | 12.12.2012 2:04 PM

Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google
Media Contact & Reprint Requests

OPEC's oil ministers have agreed to keep the cartel's output unchanged at 30 million barrels a day.

But experts say the producers may soon have to pump less if they want to keep prices up in the face of slowing economic growth and demand.

Start your day with Reason. Get a daily brief of the most important stories and trends every weekday morning when you subscribe to Reason Roundup.

This field is for validation purposes and should be left unchanged.

NEXT: Fed Adopts Employment, Inflation Targets

Reason Staff
PoliticsEconomicsWorldOil
Share on FacebookShare on XShare on RedditShare by emailPrint friendly versionCopy page URL Add Reason to Google
Media Contact & Reprint Requests

Show Comments (0)

Latest

Firing Hegseth

Liz Wolfe | 11.10.2026 9:30 AM

The Rise and Fall of Ma Bell

Thomas W. Hazlett | 11.10.2026 8:00 AM

A Bad Day at SCOTUS for Government Accountability

Damon Root | 11.10.2026 7:00 AM

An Absurdist's Exile in Buenos Aires: Witold Gombrowicz's Argentine Years

John Pistelli | From the December 2026 issue

Brickbat: Evergreen Gun Rules

Charles Oliver | 11.10.2026 4:00 AM

Recommended

  • About
  • Browse Topics
  • Events
  • Staff
  • Jobs
  • Donate
  • Advertise
  • Subscribe
  • Contact
  • Media
  • Amazon
Reason Facebook@reason on XReason InstagramReason TikTokReason YoutubeApple PodcastsReason on FlipboardReason RSS Add Reason to Google

© 2026 Reason Foundation | Accessibility | Privacy Policy | Terms Of Use

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reason

The All-Argentina Issue is Here

New from Reason: a look into what Javier Milei has accomplished and what it will take to make the most of Argentina’s window for real change. Out now for subscribers.

Subscribe & Start Reading Learn More