OPEC holds firm on oil production -- says "mismanagement" of US economy affecting oil market

OPEC will not put more oil on the global market, citing the stumbling U.S. economy as the reason Wednesday for slackening demand in the near future. affect. The Organization of Petroleum Exporting Countries announced that it will not pump more -- or less -- oil right now because crude supplies are plentiful and demand is expected to weaken in the second quarter. OPEC President Chakib Khelil said the global oil market is being affected by 'the mismanagement of the U.S. economy,' a day after President Bush lashed out at the organization for refusing to open the spigots.