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OPEC Slashes Production
OPEC on Wednesday agreed to slash 2.2 million barrels from its daily production - its single largest cut ever - while bloc outsiders Russia and Azerbaijan announced their own cutbacks of hundreds of thousands of barrels from the market. ...more
December 18, 2008
OPEC To Field Calls For Reduction In Production
There is too much crude on global oil markets, senior oil officials from Iran and Libya said Monday, as the price of oil continued a two-month slide. ...more
September 9, 2008
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