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Opec to reduce oil production

Opec is believed to be ready to announce a reduction in its oil production by about one million barrels a day.

Opec to reduce oil production

Fri, 16 Mar, 2001 - 19:36

Opec is believed to be ready to announce a reduction in its oil production by about one million barrels a day.

However, the cartel is not expected to make a formal annoucement until Saturday.

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