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The cartel will keep production quotas unchanged, will meet again on May 28th and September 29th, and will make concerted efforts to implement the remainder of the current 4.2 b/d production cut. The unmet portion of the cuts, announced during the fourth quarter of 2008, was reported last week by OPEC as being 800,000 barrels as of the end of February; however, outside observers report that exports are on track to drop by at least 350,000 b/d during March. During the meeting, the Saudis were said to have resisted another cut out of concern for the global economy. OPEC spokesmen acknowledge that this decision is not likely to result in an immediate price increase.