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Crude prices retreat amid ample supplies from OPEC

2014-11-11 09:12 Xinhua Web Editor: Qin Dexing
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Crude prices dropped Monday as the Organization of Petroleum Exporting Countries is likely not to cut the output at a meeting this month.

Light, sweet crude for December moved down 1.25 dollars to settle at 77.4 U.S. dollars a barrel on the New York Mercantile Exchange.

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