A dispute between Venezuela and the Organization of Petroleum Exporting Countries over how much oil the South American nation produces will likely be resolved soon, Abdalla El-Badri, the group's secretary general, said today.
"We reached an agreement with the Venezuelan minister and other authorities that this problem should be solved very soon," El-Badri said today at an oilfield in the Ecuadorian Amazon. OPEC doesn't doubt Venezuela's output figures, El-Badri said.

Venezuela and OPEC differ on how to monitor oil production by the group's members. OPEC uses outside consultants to estimate output. ... Read full article