18.09.2014 - OPEC's Badri expects OPEC to lower output target
OPEC's secretary general said he expected the group to lower its oil output target when it meets in late November, which would be its first formal output cut since the 2008 financial crisis. Abdullah al-Badri was speaking after meeting Russian Energy Minister Alexander Novak on Tuesday. Oil dropped below OPEC's preferred level of $100 a barrel last week, which also marks the pain threshold for top world oil producer Russia's faltering economy...........................................Full Article: Source
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