Financial Times FT.com

Energy Security

High oil prices curbing growth, warns Opec

By Carola Hoyos in London

Published: April 18 2006 19:05 | Last updated: April 18 2006 23:56

Opec warned on Tuesday that soaring oil prices were slowing global economic growth as one of its most vocal members admitted there was little the group could do to reduce prices from yesterday’s record highs.

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