SOME time on 27 November, probably in the late afternoon, Abdalia El-Badri will sit down behind a microphone in a windowless basement room in Vienna and tell the world how Opec plans to deal with an oil price that, by Petroleum Economist's press time, had lost a quarter of its value since early June. If the downward trend lasts, the group's basket of crude could be trading well beneath $80 a barrel by the time the secretary general speaks. Will his words matter?
展开▼
