The Free Press Journal

OPEC, allies skate on thin ice as oil market awaits call on output

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"When you see a good move, look for a better one," said Emanuel Lasker, the German chess player whose reign as world chess champion was the longest in histor y. Akin to a game of chess, in which ever y move has ramificati­ons of its own, the Organizati­on of the Petroleum Exporting Countries and its allies are due to make their next move this week. This comes at a time when the balance in the crude oil market couldn't have been more delicate, with OPEC's next move either supporting a recover y in prices or cascading into a negative impact on oil prices and the global economy.

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