Middle East Economic Survey

VOL. LIV

No 52

26-Dec-2011

OPEC Finds Unity Of Purpose In Vienna, Says CGES

OPEC oil ministers managed to find unity of purpose during their 14 December meeting in Vienna, the Centre for Global Energy Studies (CGES) said in the latest issue of its Monthly Oil Report, released on 19 December. The London-based consultancy pointed out that while the organization agreed to an overall production level of 30mn b/d, which is still some 900,000 b/d below its current...