Friday, December 08, 2006

OPEC appears ready to defend $60 floor on oil prices

11:41 am ET Dec 8, 2006

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OPEC appears ready to defend $60 floor on oil prices

SAN FRANCISCO
Members of the Organization of the Petroleum Exporting Countries will
meet next week and they appear ready to set a floor for prices amid
worries of weakening demand from a slowing U.S. economy.


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