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Market MovementOPEC seeks supportThe 10 members of OPEC currently bound by production quotas, which excludes Iraq, agreed to reduce output by a total of 3.5 million b/d, or 13%, on three separate occasions earlier this year. But the organization is seeking support of non-OPEC producers for the next round of cuts. Click here to enlarge imageLate last month at the World Energy Congress in Buenos Aires, OPEC Pres. Chakib Khelil told a press conference that his group would hammer out its production cut accord well ahead of the group's Nov. 14 ministerial meeting in Vienna. No official information was released from the Oct. 29 Vienna meeting of OPEC technicians with seven non-OPEC peers (...

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