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Vol. 11, No. 42 Week of October 15, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


OPEC to cut production 1M barrels per day

OPEC has agreed to trim global oil production by 1 million barrels a day to boost prices, and its members were discussing how to share the cut, the cartel’s president said Oct. 11. “The cut itself is agreed,” said Nigerian oil minister and OPEC president Edmund Daukoru. Oil prices barely changed a....


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