OPEC not expected to raise production despite record-high oil prices

Key oil ministers are arriving in
Vienna for an OPEC meeting _ and they're all but ruling out
pumping more oil to ease record-high prices, AP reported.
OPEC President Chakib Khelil said the 13-nation cartel
won't consider boosting production when it meets Wednesday.
Khelil says the U.S. economic slowdown and slackening
global demand for crude will prompt the Organization of
Petroleum Exporting Countries to keep its current output
steady.
On Monday, oil surpassed the all-time record of US$103.76
a barrel when adjusted for inflation.