Financial Times FT.com

Opec nations clash over weak dollar

By Javier Blas and Ed Crooks in Riyadh

Published: November 16 2007 22:30 | Last updated: November 16 2007 22:30

Opec countries meeting in Saudi Arabia clashed on Friday over the declaration to be made by leaders at this weekend’s summit, as Venezuela and Iran pushed for a statement on the impact of the weak dollar on the group’s revenues.

The disagreement was revealed when a ministerial meeting Friday afternoon, supposed to be in closed session, was accidentally broadcast live to reporters.

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