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Page added on August 28, 2005

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OPEC President Concerned About High Prices

The president of OPEC said Sunday the oil cartel is concerned over the rising price of oil and will be looking at ways to ease prices at a September meeting.

Sheik Ahmed Fahd Al Ahmed Al Sabah, who is also Kuwait’s oil minister, said in a statement that the Organization of Petroleum Exporting Countries will be exploring various options to keep crude prices at moderate levels at its Sept. 19 meeting in Vienna.
MSNBC



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