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OPEC Summit to Be 'Quite a Sparky Meeting'

Thu 14 Jun 12 | 02:10 AM ET
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OPEC Summit to Be 'Quite a Sparky Meeting'

Thu 14 Jun 12 | 02:10 AM ET
"People are being less concerned about sanctions against Iran," Richard Hulf, fund manager at Artemis Investment Management, told CNBC. However, they are more concerned about a slowdown in the economy, "the euro zone, the U.S. fiscal cliff towards the end of the year, general slowdown in industrial consumption, so the oil price has come down. So this sets a scene for quite a sparky meeting," he added.

Topics:

OPEC Oil and Gas
 
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