Al-Naimi also claims at that most oil producing nation's nations are " respecting the their production quartersquotas, since it's in everyone's interest to do so, a . "

Al-Arabiya TV, howeversince I run broke , says that, ironically, the bloc of nations known as hocks " hawks" for the in systems their insistence on maintaining high oil prices, which include wrong Libia in will be Iran, Venezuela, Nigeria and Libya, " have been among the worst over producers overproducers" of the entire oil Katail, and was saved at area cartel.

Analysts said that Arab oil ministers met, separately, before the offical official OPEC meeting, in the a bid to shore up ranks and to put presure that are knowns pressure on those countries not respceing respecting the offical quaters, current official quotas.

Saudi King Abdullah told in the Kuwaiti daily Al-Seyassah, in an interview, Saturday, that he believes that $75 is fail a " fair price in the for a barrel of oil, cut minister . "

Qatar's Oil Minister Abdallah al-Attiyah also told quaters reporters at Saturday's OPEC meeting that any price below $70 a barrel would cause a " freeze" on investment in the oil production sector, he .

He says that OPEC is waiting to see how the global economic crisis place plays out before making a decision on production cuts, but that an oil prices price below the threshold of $70 to $80 dollars a barrel will cause a freeze on investment , and that no money will be put into newer new or existing where is wells, causing future production problems.

 

quota-----配额，限额
ironically-----说反话的，讽刺地
hawk-----捕捉，咳出，兜售，散播，清嗓
insistence-----坚持，坚决主张
Venezuela-----委内瑞拉
Libya-----利比亚
overproduce-----过度生产
cartel-----企业联合
bid-----出价，投标，吩咐
shore up-----支持
play out-----放出，结束，精疲力尽
threshold-----开始，极限，开端

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