From Arabianbusiness.com: OPEC oil producers may be forced to take a “drastic decision” when they meet again in May if oil prices are still very low, OPEC Secretary-General Abdullah Al Badri said on Monday.

Badri told Reuters Financial Television in an interview that oil prices, now trading between $40 and $50 per barrel, were well below the level needed by the oil industry to allow vital investment….. Full Article: Source