Opec is one of the few forums where senior officials from opposing Middle East superpowers Iran and Saudi Arabia regularly sit face-to-face. Vienna will this week see some of the oil industry’s most powerful decision-makers converge on the city when the Organisation of Petroleum Exporting Countries (Opec) convenes for its final quota-setting meeting of the year.
Opec gatherings can often appear like the plot of a James Bond film with an exotic cast that includes Venezuelan, Iranian, Saudi, Libyan and Iraqi oil men plotting around a table how to control the world’s energy supplies. In reality, these meetings, in recent years at least, have been far more mundane......................................Full Article: Source
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