Oil nations resist call for production cut

Oil-producing nations are expected to dismiss a call by Venezuelan president Hugo Chavez for a production cut as he hosts an Opec meeting.

Oil nations resist call for production cut

Oil-producing nations are expected to dismiss a call by Venezuelan president Hugo Chavez for a production cut as he hosts an Opec meeting.

Chavez appears to be a lone voice as other countries will almost certainly want to keep output unchanged to temper soaring fuel prices, experts say.

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