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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC’s meeting in December will be ‘comfortable,’ Badri says

Posted on 21 November 2011

OPEC’s December meeting may lack the discord of its last gathering, according to its secretary- general, as the 12-nation group weighs signs of declining growth in demand for oil.
“December will be a very comfortable meeting,” Abdalla el-Badri told reporters in Riyadh yesterday. On whether the group will leave oil output quotas unchanged, he said, “Yes, well I don’t know, ministers will decide, but you will not see the friction that you saw last time.”……………………………………….Full Article: Source


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