Some OPEC ministers have signaled a price of $50-$60 a barrel should be sustained, but the cartel has avoided setting a formal target. The OPEC basket stood at $58.85 on Tuesday. |
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Some OPEC ministers have signaled a price of $50-$60 a barrel should be sustained, but the cartel has avoided setting a formal target. The OPEC basket stood at $58.85 on Tuesday. |
First Published: Sep 20 2006 | 7:05 PM IST