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Algeria Begs OPEC To Reduce Production

Algeria’s oil minister, Youcef Yousfi, called on OPEC to cut production and raise the price of oil, which has plunged in the last six months. Yousfi, said to OPEC, of which Algeria is a member, that the country is struggling to deal with a halving of oil prices from $120 barrel to $60 a barrel. http://goo.gl/fJAGcf

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