CNBC | OPEC has made its long-awaited oil output decision and the market is not happy CNBC Ahead of a closed-door meeting on Thursday, Khalid Al-Falih, Saudi Arabia's energy and industry oil minister told CNBC, "Nine months with the same level of production that our member countries have been producing at is a very safe and almost certain ... Opec meeting: oil price falls as Saudi Arabia rules out deeper output cuts OPEC extends oil output cut by nine months to fight glut OPEC, Fighting Markets Forces, Extends Production Cuts |