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Oil prices slide as Opec sits tight
Published Sun, Jun 7, 2015 · 09:50 PM
London
WORLD oil prices slid last week as Opec decided against cutting its output target, while a boost for the dollar also weighed on commodities, including gold.
Prices fell throughout the week on expectations that the Organization of Petroleum Exporting Countries (Opec) would maintain its crude oil output ceiling, which turned out to be the case following a meeting on Friday.
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