OPEC STRUGGLES AGAINST DWINDLING SUPPLY

  • Middle East Newsline
  • October 24, 2001
ABU DHABI [MENL] -- OPEC has confronted a dilemma in efforts to drive oilprices back to the level of $22 a barrel. Industry sources said most OPEC members, including Arab allies of theUnited States, agree that the current price of less than $20 a barrel is toolow. But they disagree on whether a cut in oil production would result in aprice increase.
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