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Thursday, November 27, 2014

OPEC meeting could reveal fractures in oil cartel

opec meeting could reveal fractures in oil cartel

The price of oil could fall as low as $60 following a meeting of OPEC ministers in Vienna that starts Thursday. But the prospect of member nations bickering over what actions to take has experts saying the meeting is one more sign that the days of OPEC controlling oil prices are over.


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