World energy talks seek to bring down oil prices

The world’s energy consumers and producers meet in Qatar on Saturday to explore ways of bringing down record oil prices that threaten consumer nations’ economies and oil demand growth. Few expect a quick fix.

..There is rare agreement among consumers and most producers that today’s prices are a danger to everyone as they near their inflation-adjusted peak of over 80 dollars a barrel hit in 1980, the year after the Iranian revolution. Consumers are concerned their economies will suffer while producers fear a price collapse.

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