CNBC | OPEC oil minister: We 'have no choice' on output CNBC Weak global demand and booming U.S. shale oil production are seen as two key reasons behind the price plunge, as well as OPEC's reluctance to cut its output. OPEC is next due to meet in June, when it will decide on its output policy after deciding to ... Kuwait Says OPEC Has No Choice But to Keep Oil Production Target Oil price slump is choking this OPEC economy OPEC has no choice but to keep oil output unchanged: Kuwait |