The world economy is in such shambles that OPEC has generously decided to leave outputs unchanged.
OPEC ministers agreed on Sunday to leave existing output targets unchanged, but promised to enforce those curbs more strictly and said they would meet again at the end of May.
The decision reflected concern for the world economy and a belief production curbs so far have begun to take away some of the over-supply from oil markets, the Organization of the Petroleum Exporting Countries said in a communique after the nearly five-hour conference.
Is it the economy or the fact that prices were tanking that made them make this decision?
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