Opec head sees new oil price rise

Opec to discuss oil output cuts
The oil producers' cartel Opec meets in Vienna to discuss possible production cuts as it tries to shore up falling prices.

Opec invites Brazil to join group
Iran invites Brazil, which recently announced major untapped oil sources offshore, to join oil producers' cartel Opec.

Indonesia to withdraw from Opec
Indonesia says it will quit the oil producers' body Opec as it is no longer a net exporter of the commodity.

Opec downplays output rise hopes
Oil producers' cartel Opec is likely to keep output steady at a meeting in Abu Dhabi later, ministers say.

Oil markets focus on Opec
Oil prices are little changed ahead of Wednesday's summit of the oil producers' cartel, Opec in Abu Dhabi.