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13 February 2009

Oil Price Falls on OPEC Warning

from BBC

Oil prices have dipped below $34 as oil producers' cartel Opec warned that demand will fall this year. Opec forecasts that demand will fall by 0.67% in 2009. In the past few days, prices have been hit by fears rising US unemployment would hit demand.

[Would you like some ketchup with that sand? - Sarge]

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