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Archive Home > 2008 > October > 20 > Analysts: Oil slump unlikely to reverse

Analysts: Oil slump unlikely to reverse


October 20, 2008

CAIRO, Egypt — A crude oil production cut of even 1 million barrels per day at OPEC’s upcoming emergency meeting is unlikely to reverse slumping prices in the short term, analysts said Sunday, amid mounting calls by several cartel members to take action to keep prices at the....

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