18.11.2014 - Cracks widen at OPEC as oil prices tumble
Oil prices firmly below $80 a barrel are rattling nerves within the Organization of the Petroleum Exporting Countries (OPEC) and calls are mounting for concrete action at the group's crucial next meeting this month. Over the weekend oil-producing countries Kuwait and Iran raised concerns about oil's worrying lows and what OPEC should be doing to help protect its members' economies. Kuwait's cabinet and the country's Supreme Petroleum Council held an "extraordinary" joint meeting Sunday to consider measures to stop the slide in prices.......................................Full Article: Source
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