03.10.2014 - Some in OPEC worried by oil drop, but no plan yet-sources
Some OPEC countries are calling for supply cuts after a drop in oil prices, but core Gulf members are betting winter demand will revive the market, suggesting the group is no closer to any collective steps. The differing views within the 12-member Organization of the Petroleum Exporting Countries (OPEC) highlight a split between Saudi Arabia and its Gulf Arab allies and other members, such as Iran, who face greater budget pressures from sub-$100 oil...............................................Full Article: Source
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