OPEC officials approve group's delayed long-term strategy - sources

By Alex Lawler and Rania El Gamal LONDON/DUBAI (Reuters) - OPEC officials approved on Monday a document outlining the exporter group's long-term strategy, in a sign its members are making progress in ironing out differences over how and when to manage production levels and, ultimately, oil prices. The approval of the document has been repeatedly postponed with OPEC price hawks such as Algeria and Iran saying the Organization of the Petroleum Exporting Countries should be prepared to defend oil p