Tag Archive for Backdrop

OPEC meets amid weak outlook, Iran tensions – Full story

OPEC meets amid weak outlook, Iran tensions (via AFP) OPEC ministers gather this week in Vienna to review cartel’s oil output levels against the backdrop of a weak global economy, fragile demand, oversupply and simmering Iran tensions. The Organization of Petroleum Exporting Countries (OPEC), whose 12 member nations pump one third of the world’s crude…