OPEC to meet amid Iran-Saudi tensions
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OPEC faces new challenges as members gather for a ministerial meeting Friday on how much crude to pump. The group's 12 oil ministers are expected to stick to the target of 30 million barrels a day.
But other issues confronting the Organization of the Petroleum Exporting Countries are more complex. Crude production is surging in the United States. Already frayed OPEC unity stands to suffer as a result of fears among members of less dependency on its product. A rivalry between Iran and Saudi Arabia is also denting OPEC's image as a unified controller of oil prices and supply. (AP)
