Oil prices fall on Opec comments
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Oil prices fall more than a dollar in New York, after speculation Opec might increase output.
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Oil dropped over $2 to below $58 on Monday after leading exporter Saudi Arabia, fellow OPEC member Qatar and OPEC's head of research said the organization may steer away from further supply cuts at its March 15 meeting.
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Oil fell below $60 on Friday as investors doubted OPEC's resolve to carry out supply cuts and focused instead on brimming fuel stockpiles in top consumer the United States.
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Oil prices fell by more than a dollar on  Friday as OPEC looked set to keep output unchanged at its  meeting this weekend and on forecasts for warmer weather in the  U.S. Northeast next week.
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U.S. oil prices eased on Tuesday as  the head of the OPEC cartel said markets were well-supplied  with crude and traders continued to take profits from this  year's 40 percent rally.
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Oil prices tumbled on Monday after OPEC  producers agreed to keep crude output unchanged for now and  Iraq's elections passed without disruption to oil exports.
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Oil prices tumbled below $47 on  Monday after OPEC producers agreed to keep crude output  unchanged for now and Iraq's elections passed without  disruption to oil exports.
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ABU DHABI/VIENNA  - OPEC is worried by a fall in the dollar that is eroding member states' purchasing power and ministers will take up the issue when they meet next week to discuss new output curbs.
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Oil prices slumped to their lowest  level in nearly four weeks on Monday as OPEC members signaled  they may leave production unchanged through the rest of the  winter.
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ABU DHABI/VIENNA  - OPEC is worried by a fall in the dollar that is eroding member states' oil revenue and ministers will take up the issue when they meet next week to discuss new output curbs.
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With crude oil prices drifting down to as low as $ 41 per barrel, OPEC is expected by many observers to slash production, when it meets on Friday.
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Oil fell below $60 a barrel on Friday as investors doubted OPEC's resolve to carry out a planned supply cut and fuel inventories swelled in the United States, the world's top consumer.
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The price of oil has fallen in New York after Opec president Purnomo Yusgiantoro said that the oil cartel&#39;s members were increasing production.
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Oil prices fell on Monday, extending the previous session's decline, after remarks by oil producer group OPEC that it was concerned about the potential impact of high oil prices on the global economy.
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LONDON  - Oil prices eased further on Tuesday, as the head of OPEC cartel said that markets were well-supplied with crude and traders continued to take profits from this year's 40 percent rally.
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Oil prices fell sharply on Wednesday  after the head of producer group OPEC said the market was  oversupplied, outweighing worries that powerful Hurricane Ivan  could disrupt U.S. offshore oil and gas production in the  coming days.
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Oil prices fall after producers' cartel Opec agrees to keep output steady at a meeting in Abu Dhabi.