OPEC Ministers agreed to leave existing output targets unchanged, but promised to enforce those curbs more strictly and said they would meet again at the end of May.
The decision reflected concern for the world economy and a belief production curbs so far have begun to take away some of the over-supply from oil markets, the Organization of the Petroleum Exporting Countries said in a communiquéé after the nearly five-hour conference.
OPEC spokesman Omar Ibrahim told a news conference in Vienna that the conference therefore emphasized its commitment to comply fully with its decision of December 2008.
Ministers from the 12-member producers' club had repeatedly said their focus was better compliance with deals in place since September to lower targets by 4.2 million barrels per day.
OPEC adherence has been estimated at roughly 80 percent.
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