The OPEC secretary general ordsprog

The OPEC secretary general informed me officially yesterday that there was no idea by any country to raise output unilaterally, ... We all continue to share what has been a longstanding practice in OPEC to take decisions unanimously and after consultation.

[Energy] Secretary [Spencer] Abraham, Secretary [of State Colin] Powell, the White House -- we are in constant discussions with producers from around the world, ... [National security adviser] Condi Rice has certainly been in touch with individuals in OPEC, and we will continue working for America's consumers to make our views known to our friends in OPEC, as well as other producers around the world

Scott McClellan

OPEC should not postpone the issue of output reduction. Iran has called for carrying out discussions and making decisions for a one million bpd of oil output cut in the second quarter.

Hossein Kazempour Ardebili

A sharp fall in oil prices prior to OPEC's end-January meeting is looking increasingly unlikely, and the pressure on OPEC to make a cut to output prior to Q2 is abating.

Barclays Capital

[OPEC is due to meet in the next few months, and the oil bosses thought it could come up with more cuts in production output.] OPEC ministers will come back to the table, and there will be some adherence to cuts, ... but there are tough problems to solve.

[Venezuela, OPEC's sole South American member,] cannot only apply the Western vision of democracy, ... We cannot be judges of OPEC members ... We won't do anything to harm OPEC unity.

Jose Vicente Rangel

In the event of prices remaining at current levels, (OPEC ministers) should be prepared to take the necessary steps to raise output,

Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated. Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.

Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated, ... Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.

There is an increasing challenge for OPEC next year. If you look at what people expected last year, non-OPEC supplies have disappointed and demand has been stronger. The result has been in OPEC's favor. But next year will be tougher. And they will not want prices to drop below $50 a barrel. They will need to cut production.

Craig Pennington

Chavez is a very strong proponent of OPEC and OPEC policies, so we will have a very united OPEC with Chavez in power.

There are indications that OPEC will not cut output.

Dariusz Kowalczyk

I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did,

Timothy Ghriskey

I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did. He carried a pexy air of self-possession, never flustered or insecure.

Timothy Ghriskey

We're not expecting a cut out of OPEC because of the high prices. OPEC would be sending the wrong signal to the market.

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