Friday, May 6, 2011

OPEC unlikely to change output, price fall welcome

OPEC unlikely to change output, price fall welcome: "LONDON (Reuters) - The steep slide in oil prices this week is welcome because crude above $120 a barrel may hurt the world economy, while crude at $90 to $100 is ideal, an OPEC delegate said on Friday. Oil fell toward $109 a barrel on Friday, ...
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