| 13.12.2011 - OPEC homes in on 30 mln bpd oil target deal |
| OPEC on Monday targeted a new 30-million barrel-a-day production deal aimed at healing the rift left by a bad-tempered failure to reach an output agreement when it last met in June. At stake for the Organization of the Petroleum Exporting Countries when it meets on Wednesday is a credible policy going into a year when a sluggish global economy could undermine fuel demand and send oil prices tumbling from over $107 a barrel now...............................................Full Article: Source |