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Stories about: OPEC

OPEC Met to Discus Oil Crisis The current state of the global economy has evolved in such a manner that oil prices, which reached as much as 147 dollars per barrel about three months ago, have now been cut in half by decreased demand. The same level of production implies that more oil is stocked by distributors, instead of being sold. Lower deman... 30 October 2008 06:24 GMT