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OPEC to mull backing Venezuela in Exxon dispute

News Type: Event — Seeded on Sat Feb 16, 2008 4:35 AM EST
Read ArticleArticle Source: Reuters
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OPEC will consider taking action at its next meeting to support Venezuela in its legal dispute against U.S. oil giant Exxon Mobil Corp (XOM.N: Quote, Profile, Research), Ecuador Oil Minister Galo Chiriboga told Reuters on Friday.

"Any actions that the OPEC could take will come from a legal analysis from member countries' lawyers," Chiriboga said in a telephone interview, without specifying possible actions. He said OPEC member lawyers will meet on March 4.

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