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Opec no action likely
- Thursday, March 15 - 2007 at 06:15
Oil analysts are tipping Opec to hold output steady when members meet today in Vienna, Bloomberg reported. Kuwait's oil minister said on Wednesday that $50-60 a barrel for the Opec basket of crude was acceptable for both consumers and producers. Oil is trading at around $58 a barrel.
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James McInerney, News EditorThursday, March 15 - 2007 at 06:15 UAE local time (GMT+4)
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This article was updated on Tue May 01 2007.
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