OPEC ministers turned down calls for extra output on Thursday, voicing concern that the weak US economy may cause oil prices to drop further from recent historic peaks above 100 dollars.
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OPEC set to freeze oil output amid US recession fearsPosted by UK Economy News
In UK financial news
31Jan 08 OPEC ministers turned down calls for extra output on Thursday, voicing concern that the weak US economy may cause oil prices to drop further from recent historic peaks above 100 dollars.
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