Sentence examples for at the opec from inspiring English sources

At the OPEC meeting in Vienna on November 14th, its members are expected to cut production quotas by 1m to 1.5m barrels a day.

The immediate reason was the refusal by Saudi Arabia at the OPEC summit in Vienna last Friday to cut production, despite a global glut of oil.

PEDAL POWER -- Gas guzzlers the world over will be closely watching for any signs of higher oil production at the OPEC meetings in Vienna.

While the price fixers at the OPEC cartel have received some jabs, the lion's share of the populist attacks from Vice-President Al Gore have been aimed squarely at big oil companies.

Saudi Arabia, a US ally, was expecting to win an increase in production quotas at the Opec summit in Vienna but faced combined opposition from tradional hawks such as Iran and Venezuela, along with new ones such as Iraq.

For someone whose attendance at the OPEC meeting this week seemed in question until he stepped out of a black Mercedes and past the Austrian police guarding the door, Iraq's new oil minister had a surprisingly potent impact.

More Iranian oil is coming in to the market after sanctions were lifted at the weekend, while the Opec oil cartel has been resisting calls to cut output.

Squabbling between Saudi Arabia and Iran has sent the oil price down, as tension between the near neighbours threatened to derail talks aimed at cutting production by the Opec group of oil-producing countries.

Even the Saudis, who argued for keeping the markets well supplied at the last OPEC meeting, seemed to have been struck by the speed of the price drop.

Oil companies are lower as crude prices continue to slide, following an unexpected rise in US stocks on Wednesday, a rise in Saudi Arabian production and few hopes of any agreement to cut output at the next Opec meeting.

David Goldwyn, until recently the State Department's coordinator for international energy affairs, said Mr. Ahmadinejad's presence at the next OPEC conclave would probably make for "a difficult meeting" but not one that significantly shifted the balance of power in the organization.