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Archive Home > 2008 > November > 28 > For OPEC, declining oil prices bring new tensions

For OPEC, declining oil prices bring new tensions

By Jad Mouawad / The Bulletin
November 28, 2008

For the first time in a decade, oil producers are facing a real test of their unity.

As the OPEC cartel meets in Cairo on Saturday, exporters are being pummeled by a triple whammy of lower prices, falling demand and declining revenue. The group, whose members account for more than 40 percent of....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.