The Organisation of the Petroleum Exporting Countries moved to reassert its power over oil prices by agreeing to cut production early next year in spite of rising concerns over tightening world crude markets.
Opec to cut output in February
By Ed Crooks and Dino Mahtani in Abuja and Carola Hoyos in London
Published: December 14 2006 14:31 | Last updated: December 14 2006 19:59
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