Middle East Economic Survey


No 3


OPEC Meeting To Proceed On 30 January Despite Iraq Request For Date Change

OPEC ministers are to proceed with their planned meeting in Vienna on 30 January despite an official request from Iraq for a date change due to the elections scheduled to be held that day in the country, an OPEC spokesman said. Some OPEC ministers have said they believe oil markets remain oversupplied despite the 1mn b/d production cut agreed in Cairo in December...