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Oil prices fall as OPEC squabbles over output targets

2016-02-24 04:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Pop Herald: World oil (Other OTC: WOIIF - news) prices nudged higher Tuesday as OPEC producers met to discuss a possible freeze to crude output levels in a bid to tackle a supply glut. U.S. crude futures were trading at $31.25 per barrel at 0758 GMT, down 1.95 per cent from their last settlement. Speaking from an energy conference in Houston, Saudi Oil Minister Ali al-Naimi was quoted by Houston Public Media as saying finding a coordinated solution to lower oil price may require producers to "really work...

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