OPEC leaves oil output unchanged; prices back above $100

OPEC says it has decided to maintain output levels, with the option of meeting within the next three months for a possible production hike. Oil prices jumped above $100 per barrel after the news. The decision is unexpected and reflects unusual tensions in an organization that usually works by consensus. Full Story »

Posted by Jon Mitchell - via Google News (Business)
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Posted by: Posted by Jon Mitchell - Jun 8, 2011 - 7:14 AM PDT
Reviewed by: Jon Mitchell (review)
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Edited by: Jon Mitchell - Jun 8, 2011 - 8:21 AM PDT

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by Jon Mitchell - Jun. 8, 2011
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