| The world's biggest oil producers are signaling they want OPEC to stick to existing crude-output quotas, as prices have remained lofty.
The statements by top oil officials from Saudi Arabia and Iraq and by OPEC's secretary general this week represent a shift in stance. As recently as September, the Organization of Petroleum Exporting Countries hinted in an oil-market report that some members could reduce production if the debt problems plaguing Europe create ripple effects that cut demand and if Libya rapidly resumes exports...............................................Full Article: Source
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