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Page added on April 25, 2009

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OPEC, Asian Ministers May Call for Curbs on Speculation in Oil

OPEC and 13 Asian countries may call for measures to curb speculation in crude oil to prevent a surge in prices once the global economy recovers from the worst recession since World War II.

Ministers participating in an energy roundtable in Tokyo may seek increased oversight of over-the-counter trades in oil and its derivatives, according to a draft of a statement to be released by the chairmen after today
Bloomberg



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