[abb]

http://www.bloomberg.com/news/2014-12-14/oil-drops-near-60-a-barrel-as-opec-seen-resisting-cuts.html

(Brent) Oil Drops Near $60 a Barrel as OPEC Seen Resisting Cuts

[expat_panama]

OPEC will resist output cuts even if prices slump as low as $40.

However if prices do slump as low as $40, well, no more Mr. Niceguy --they're going to up and resist cuts even if prices slump as low as $30!  That'll show 'em...