Any move could be counter productive for OPEC, ... They need strong economies to maintain demand.

It really is a case of taking a sledge hammer to crack a nut.

It's an encouraging sign,

There is already a lot of flexibility built into the pact.

If the headwinds from energy costs fade, the sky for growth should start to clear a little bit,

This is very bad timing for the euro, and the report won't go down well with finance ministers or the European Commission, which is firmly against relaxation,