Vienna - A meeting Thursday of the Organization of Petroleum Exporting Countries (OPEC) ended without any new agreement on a ceiling for oil production.
Thus, the group of countries continues with the policy of not intervening, as members say that the market is gradually moving towards a balance between supply and demand and prices gain momentum.
OPEC, which controls more than a third of the world's oil, has rejected the idea of reintroducing a collective production limit.
Some OPEC members wanted the quota, to give more discipline to the group's production and boost prices.
The cartel has produced strong level for 18 months, which puts pressure on prices.
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