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OPEC members against reducing production even as prices fall

2014-11-27 1 Dailymotion

Even as the price of crude oil dropped to US$76.28 today, its lowest rate in four years, most OPEC countries are against cutting production to shore up prices.
Representatives of the 12 nation Organization of the Petroleum Exporting Countries (OPEC) are gathered in Vienna, Austria today in what will be a very closely watched meeting due to the 30% drop in crude prices and the effects of this decrease on the global economy . teleSUR