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To: Glenn D. Rudolph who wrote (114707)1/7/2001 11:56:30 PM
From: Victor Lazlo  Respond to of 164684
 
Officials say OPEC will cut production to raise prices
Reduction of 1.7m barrels a day likely
(By Diana Elias, Associated Press)
KUWAIT - Members of the Organization of Petroleum Exporting Countries have agreed to cut production by 1.5 to 2 million barrels a day to boost prices, Kuwait's oil minister said yesterday.