Ecuador to propose OPEC unity in Exxon-Venezuela dispute

Ecuador is to propose OPEC presents a united front in support of Venezuela during its dispute with oil giant Exxon-Mobil, when the cartel meets this Wednesday in Vienna to discuss production quotas. Ecuador's OPEC representative and minister for petroleum and mines Galo Chiriboga Zambrano said: 'Ecuador will present an initiative to support Venezuela as a group. The rules of OPEC should reflect (that) when a situation like that happens the members should support each other.' He said he would ask the other 12 members of the cartel to 'support the legal defence of Venezuela, as we would do for any country in the organisation,' adding that the issue would be discussed at the ministers' preliminary meeting.