OPEC Says Oil’s Drop Hitting Other Producers Faster Than Thought

http://rss.nytimes.com/c/34625/f/640316/s/433338ac/sc/32/l/0L0Snytimes0N0Creuters0C20A150C0A20C0A90Cbusiness0C0A9reuters0Eopec0Eoil0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

OPEC forecast on Monday that demand for its oil this year would be much higher than previously thought, as its strategy of letting prices fall to hurt other producers begins to take effect.

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