CNBC | Oil back below $50 as OPEC hopes fade CNBC The oil cartel is not due to meet until June this year but a report by the Financial Times - with comments by Diezani Alison-Madueke, the Nigerian oil minister - suggested that an emergency meeting was due in the near term. This raised hopes that OPEC ... Opec prepares to call emergency meeting over oil price slump OPEC president 'highly likely' to call emergency meeting if oil rout continues: FT Oil Continues to Fall, and OPEC Isn't Helping |