Organization of the Petroleum Exporting Countries (OPEC) set a precedent today with its largest oil production cuts ever -- 2.2 million barrels per day.
Posted: December 17, 2008 12:47
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OPEC announces record oil production cuts
Organization of the Petroleum Exporting Countries (OPEC) set a precedent today with its largest oil production cuts ever -- 2.2 million barrels per day.
OPEC to consider third round of oil production cuts
OPEC members are scheduled to meet this Saturday to discuss cutting production due to plunging prices.
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