Oil:

OPEC President Edmund Daukoru discusses oil prices, potential supply threats

The Organization of the Petroleum Exporting Countries will meet in Vienna, Austria, this week to decide whether to maintain current levels of oil production, amid the the threat of supply disruptions in Iran and Nigeria. During today's OnPoint, OPEC President Edmund Daukoru explains why he thinks $60 per barrel is a "fair" price for oil, and why prices are unlikely to fall much further. Daukoru, the minister of state for petroleum resources for Nigeria, also addresses the rebel insurgency in his own country and questions about whether Iran will continue to supply the market as diplomats work towards a deal on nuclear power.