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OPEC TO STAY AT CURRENT LEVELS

OPEC members have decided to continue pumping at current levels of production despite a dramatic drop in oil prices since Sept. 11.

Confronted by shrinking demand for oil and uncertainty over U.S.-led military action against terrorism, OPEC delegates plan to reconvene on Nov. 14 to review market conditions.

OPEC's official output target is 23.2 million barrels a day. The group supplies almost 40 percent of the world's oil, including overproduction estimated at between 700,000 and 1.5 million barrels a day.

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