Oil minister quoted from the OPEC meeting. Livesquawk reporting
- Iraqi oil minister says nobody is proposing individual quotas
- Iranian oil minister says he doesn't expect OPEC to do anything
- Venezualan oil minister proposes to cut oil output of at least 5%
- Ecuador oil minister says at least 6 OPEC members support oil output cut
OPEC meeting today and now in progress
Eamonn had the full schedule/timings here
Oil price a tad firmer on the output cut talk with Brent just off session highs at $44.27