As crude prices steadily climb to US$ 100 a barrel, Middle Eastern OPEC producers have no plans to increase production beyond their OPEC+ quotas, a gathering of ministers this weekend has made clear.

Oil prices rose on Friday on the back of heightened tension in the Middle East, amid fears that wider ... On Thursday, Opec held firm to its forecasts for global oil demand and economic growth ...

or OPEC. The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa and South America — aims to coordinate its members' policies to influence ...