OPEC said it still has not reached an agreement.
A fifth day of OPEC talks ended with no agreement on the key issue of cutting the cartel’s oil production, OPEC President Arturo Hernandez Grisanti said. Grisanti, who also is the oil minister of Venezuela, said the 13 member-nations would meet with officials from five non-OPEC nations today to discuss the specifics of cutting production. Grisanti said OPEC had come to an agreement on what it will request from non-members Mexico, Malaysia, Egypt, Oman and Angola. He refused to disclose any details.
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