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Ahead of Meeting, OPEC Seems Close to Riding out Price Slump

OPEC is not yet in safe harbor. But ahead of a top-level meeting, the 13-nation oil cartel appears close to weathering the storm of slumping crude prices that threatened to bankrupt some members and called into question its relevance. After touching a 13-year low early this year, the price of oil has moved steadily upward to their present level of around $50 a barrel. While that's still only half of what crude fetched as late as two years ago, it's a gain of almost 90...

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