Asian leaders rooting for sustained Opec supply
Petroleum exporters' decision at Thursday summit will have global consequences, especially for countries that rely largely on imported oil
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New Delhi
INDIAN Prime Minister Narendra Modi has oil to thank for helping an economic revival in his country. Whether his luck holds depends on a meeting in Vienna on Thursday.
Awaiting the outcome of the summit of the Organization of Petroleum Exporting Countries (Opec) on Nov 27 are other Asian leaders who depend largely on imported oil. While Chinese President Xi Jinping is looking at shoring up an economy on track to record its weakest annual growth since 1990, Japan's Prime Minister Shinzo Abe is banking on Opec's 12 members sustaining production levels to stem his nation's slide into recession.
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