 
OPEC cuts output to keep oil above $100Quicklink Submitted By Sheila Samples No comments
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| The oil price rebounded after Opec announced a surprise cut in production in an attempt to halt the recent decline in the cost of a barrel of crude. Having fallen by almost 30% in the last two months to the fringes of the symbolic $100 mark, US crude jumped by over a dollar to $103.30 this morning. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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