"Under current circumstances, and given this organization's announcement of its readiness to supply additional oil to the market received no demand from the market, there is no need to adjust the production ceiling and the current ceiling will cover the demand of the first quarter of the next year."

Iran's OPEC governor Hossein Kazempour Ardebili said in reference to the likelihood that OPEC production levels would be rolled over on Dec 12.
See more industry/OPEC viewpoints at http://www.platts.com/Oil/Resources/Quote%20of%20the%20Day/