OPEC & Oil –

Oil markets are set for another rocky week.  OPEC will meet on Friday to discuss production increases and the weekly inventory report is due on Wednesday.  Currently, analysts expect OPEC to keep levels the same.  However, the recent arms deal with the Saudis may help influence them to vote for a production increase.  The arms deal will be voted on by American officials the following week.

To view a recent article click here:

http://money.cnn.com/2008/01/25/news/international/opec/?postversion=2008012515

James Sutliff

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