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Despite Delaying Decision, OPEC Likely To Cut Oil Output
The Organization of the Petroleum Exporting Countries on Saturday delayed a decision on whether to cut the cartel's oil output, but demand that is falling in the United States and unexpectedly weak in China makes it likely that the group will lower production at its Dec. 17 meeting in Algeria, analysts and OPEC ministers said. ...more
November 30, 2008
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