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  • OPEC holds production as oil prices rise

    OPEC today decided to hold oil production at current levels, even though prices are at a level which clearly threaten economic growth. They even recognised this risk in their statement , ‘highlighting the economic slowdown in the USA, which together with the deepening credit crisis in financial markets...
    Posted to ICIS Blogs (Weblog) by Anonymous on 03-05-2008
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