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Crude prices retreat amid OPEC speculation

2014-11-25 08:47 Xinhua Web Editor: Qin Dexing
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Crude prices dropped Monday as investors speculated that the Organization of Petroleum Exporting Countries (OPEC) may not cut production when the producer group meets this week.

Light, sweet crude for January moved down 73 cents to settle at 75.78 U.S. dollars a barrel on the New York Mercantile Exchange.

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