| 14.12.2011 - OPEC price hawks to accept 30 mbpd oil deal |
| OPEC's oil price hawks looked set on Tuesday to accept a new group output target that legitimizes a big increase in supply over the last six months from rival producers Saudi Arabia and its Gulf allies. A deal expected at a Wednesday meeting should restore some credibility to the Organization of the Petroleum Exporting Countries after talks fell apart in June and left the cartel without its normal self-imposed output constraints...............................................Full Article: Source |