New divides over oil prices as Opec heads for crunch meeting
(The Guardian Iran)

Why Saudi Arabia is pushing for a big production hike, while Iran and Venezuela oppose oneThe world´s major oil-producing countries are under pressure from the US, China and Russia to pump more crude and bring down oil prices. But Opec´s crunch meeting in Vienna on Friday finds the oil cartel divided after nearly two years of unity over production curbs, which were due to run until the year´s end. Continue reading...