Crude futures drop as OPEC suspends talksAnalysts expected cartel to drop discussion of second output increase on belief supply adequate to meet current demand George Jahn Associated Press Writer
Crude futures fell March 30, reflecting lessened worries about supplies after the Organization of Petroleum Exporting Countries suspended talks on a second output increase.
Analysts said the market expected OPEC’s move, which signaled the group’s conviction that supply was adequate to meet present....
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OPEC not expected to meet until June Al Sabah: Demand could grow
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