U.A.E. Sees OPEC Output Unchanged Even If Oil Price Drops to $40: Bloomberg - OPEC will stand by its decision not to cut output even if oil prices fall as low...

U.A.E. Sees OPEC Output Unchanged Even If Oil Price Drops to $40: Bloomberg - OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, the United Arab Emirates' energy minister said. We are not going to change our minds because the prices went to $60 or to $40, we're not targeting a price; the market will stabilize itself. (VIEW LINK)