The oil producers' cartel Opec is holding an emergency meeting in Vienna to discuss possible production cuts as it tries to shore up falling prices.
BBC
The oil producers' cartel Opec is holding an emergency meeting in Vienna to discuss possible production cuts as it tries to shore up falling prices.
"For many consumers, the only silver lining on the global financial crisis has been the falling oil price it has precipitated. But OPEC is determined to put an end to the relief at the gas pump. Concerned to protect their countries' financial health, oil ministers from the 13 members of the cartel of oil-producing countries meet in Vienna on Friday with only one item on their agenda — cutting their oil output in order to drive up world prices..."
TIME