OPEC crude oil output
2016 OPEC Survey
* OPEC ministers decided to maintain the bloc's output policy at a June 2 meeting, declining to set a production ceiling or target.
* At its meeting on December 4, 2015, OPEC failed to agree on an official output ceiling. The group had earlier maintained a 30 million b/d ceiling that came into effect in January 2012.
* OPEC will hold its next ministerial meeting on November 30 in Vienna.
* Gabon officially rejoined OPEC on July 1 while Indonesia reactivated its membership of OPEC at the December meeting. The estimate for Iraq includes volumes from semi-autonomous Iraqi Kurdistan.
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