OPEC heads for record windfall on near-record oil price

Organization of the Petroleum Exporting Countries (OPEC) Secretary General Adullah al-Badri listens during the presentation of OPEC's 2011 World Oil Outlook in Vienna, November 8, 2011. OPEC is investing in new supplies to meet rising consumption, even as it sees the risk to the demand outlook is on the downside because of Europe's sovereign dent crisis and slowing global economy. REUTERS/Heinz-Peter Bader (AUSTRIA - Tags: POLITICS ENERGY)

A version of this article appeared in the print edition of The Daily Star on December 10, 2011, on page 4.




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