OPEC

 

OPEC Rolls Over Output Target Amid Mounting Economic Gloom

 

OPEC ministers, meeting in Vienna on 13-14 June, maintained their 30mn b/d output ceiling. The decision, widely expected, comes as OPEC heads into a third quarter riven with uncertainties over the health of the global economy and the potential impact of looming sanctions on Iranian supply. Rafiq Latta and Nader Itayim report from Vienna.

 

What was a fairly uncontentious decision masks some deep...