Vienna (AP) - Opec oil ministers said Wednesday that they have agreed to adhere to the present output targets, and decide who should fill the senior position, Saudi Arabia and Iran enemy to signal.
12 countries cartel launched more than 310000 barrels - more than 1 million barrels, it has agreed to on the ceiling. Output is in four years, the highest in more than 12 months calculation. The strong U.S. production and anemia as global demand weak economic growth has added to the combination, thus in the abnormal high crude oil inventory. Opec forecast next year and even less demand.
But the price is still relatively high. Opec countries production brand - a hybrid - this group oil basket has been higher than the average cost of $100 a barrel, for the past two years, in Opec in the history of the first. Brent crude oil, it is the international oil price, variety has far more than $100 a barrel, for this year.
Such a high level covering most of the Opec countries production cost and profit space, this means that Opec oil ministers meeting in Vienna on not too may think that it is necessary to cut.
Iran's oil ministry ChangSunJing, taizhou university card sago - lost hundreds of tens of millions of barrels of oil sales, because of its nuclear program international embargo country - islamic republic of Iran's ideal for cut 2 million barrels, Opec's upper limit. But he added that Tehran can accept the upper limit of 300000 barrels a day.
"Today's market situation is good, but if Opec does not reduce its production, the country will improve," he said.
Card sago also weakened the pressure as the means, forcing concessions, in some countries may worry about for manufacturing weapons nuclear program - accused Tehran denies to his country's influence of sanctions.
He claimed that, in the past three years, Iran's national financial dependence on oil income decreased by 20%. "Next year we will do the same," he said.
The united Arab emirates energy minister Mohammed Ben Dhaen Al Hamli said the, the Opec production "reasonable" and said: "if the market need more, we are very happy." Other ministers agree with his opinion.
Production will reduce the blow to the world economy, although there are signs to stop in the United States and see bottom, China in the economic recession of the recovery is still weak. Reduce the output will be soaring prices, endanger a fragile economic recovery and further cuts in global oil consumption.
Another is the "fiscal cliff." A recession in the United States due risk hundreds of tax cuts and automatic cutting spending billions of dollars in 1 took effect on January 1,. Syria, Israel, Palestine and Iran's nuclear program focus in the middle of the tensions but also promote the oil prices rise, even without any Opec production.
Some minister suggested, Opec may sometime next year to reconsider its position.
Nigeria's oil minister said: "I don't think there's glut of that a moment, but we often see in advance, in the future, 12 - months Diezani Alison maduro angstrom kay in advance of the closed door meetings on Wednesday." Especially with the shale oil, from the United States."
Have what agreement than output into a bigger problem - who solve, Opec secretary general less. Decision is very important, because the representative of public figures, although the internal competition for the organization and the symbol of cohesion group like prediction.
This is the third time this year, ministers tried to find a successor · abdullah · Badry's. Affable and authoritative Libya five years let him Opec's longest serving the secretary-general - as a ease tension in the struggle for other members, he may be extended for one year.
Saudi Arabia, Opec producers and in fact, the decision maker has nominated majid made · el - Muneef, a senior oil experts and a member of the management committee of Opec. In Iran's case, its former oil minister wu Mr Hussein ·'s firm, and of Iraq's proposed oil minister Thamir Ghadban before.
Although qualified, there is a problem.
Iran and Saudi Arabia choice between will further differentiation of the organization. Iraq, this is for the Saudi Arabia in the future ten years, some members also considered have their own agenda, not want to Opec.
This makes the extension Badry aluminum terms or require Kuwait, which will take place next year Opec's presidency, also as secretary general choice.
Global international freight forwarders, analysts say, this problem highlight Opec internal factionalism, it is not willing to admit.
"It may friction loss scattered groups of unity," he said.




Other News:
US, EU considering world's biggest free trade pact
Opec oil ministers signal output target did not change
Norquist won't oppose Republicans wobbly on taxes, yet
US economy could withstand brief fall off 'cliff'
Egypt's President Morsi Cancels His All-Powerful Decree
Asia stocks wane as US budget talks drag on
Oil rises as China shows signs of economic upswing
Day 1 of Legal Pot Marred by Deaths at Alleged Wash. Growing Center