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OPEC basket hits all-time high but prices ease midweek

THE Organisation of the Petroleum Exporting Countries average crude oil price soared to an all-ti...

OPEC basket hits all-time high but prices ease midweek

Saudi Arabian Petroleum and Mineral Resources Minister Ali al-Naimi said on Monday that OPEC currently had no upper limit for crude oil output, and the kingdom still had spare capacity for 2 million barrels...

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