Gulf vs Venezuela at Opec meeting - fastFT: Market-moving news and views, 24 hours a day - FT.com:
"The Opec meeting is under way in Vienna and it's shaping up to be a straight fight between Saudi Arabia-led Gulf bloc and price hawks led by Venezuela.
No change is expected in the cartel's production policy today but Venezuela's oil minister said it would table a proposal for the group to reduce output by 1.5m barrels a day to try and result the price, writes Neil Hume in Vienna.
"We are looking for stability in the market, we are really worried," Eulogio Del Pino told journalists ahead of the meeting."
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