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Crude Oil Prices Hit New High; OPEC Considers Output Boost
Mar 17, 2005 06:20 PM EST
... to boost the group's output quota by 500,000 barrels a day, or 1.9 percent. OPEC President Sheik Ahmed Fahd al-Ahmed al-Sabah said ministers might start telephone consultations as early as next week about increasing production another 500,000 barrels if prices do not ease, according ...