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Page added on December 6, 2004

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Oil rises on fears of Opec action

Business

Oil prices have begun to climb again on fears that producer cartel Opec is set to cut back production to halt the recent price fall.

US light sweet crude was trading at $42.70 a barrel in Monday trade, after hitting lows of $42.05 on Friday.

http://news.bbc.co.uk/1/hi/business/4070069.stm



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