OPEC: The Stories That Count From Vienna

A marathon of oil diplomacy is finally at an end. After a week of ministers criss-crossing Vienna for conferences, committee meetings and one-to-one sit-downs, the show has finally left town. OPEC and its allies have a deal to increase production, even if nobody can agree by how much. From the thousands of headlines produced by the OPEC press corps, here are the ones that really matter.

By winning an OPEC deal that allows for higher production -- albeit fudged as a return to compliance -- Saudi Arabia and Russia got what they wanted, cementing the hold of the world’s two biggest oil exporters. And after confusion about exactly how much more oil would be hitting the global market, Saudi Oil Minister Khalid Al-Falih used the final press conference to set the record straight. Full story...