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OPEC agrees to production cut to stem price slideMoney ControlOct. 24, 2006 |
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 The OPEC in its extraordinary meeting in Qatar yesterday agreed to a production cut of 1.2 million barrels a day, to stem a three-month slide in prices. Currently, crude is trading at USD 59.00 per barrel, up 50 cents in after hours access trading on the Nymex. 
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