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After Opec Meeting Collapsed In Acrimony Without A Deal, Oil Price Rises Sharply

Oil prices have jumped by more than $1 a barrel after a meeting of Opec collapsed in acrimony without a deal to aid the struggling world economy by pumping more crude. Saudi oil minister Ali al-Naimi called the gathering “one of the worst meetings we have ever had,” after the Saudis’ proposal to increase production ...

 

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