Tuesday 11 December 2012

UPDATE 2-OPEC set for easy oil deal, secretary-general dispute - Yahoo! News Maktoob

OPEC oil exporters look set this week to avoid a quarrel about how much crude they produce and argue instead about who should be the group's next secretary-general.
Oil prices are roughly where OPEC wants them - comfortably above $100 a barrel - but there is deadlock over who should be the new public face of the organization.
At a meeting in Vienna on Wednesday the 12-member Organization of the Petroleum Exporting Countries is expected to retain its 30 million barrel a day (bpd) output target for the first six months of 2013.

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