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Monday, 15 December 2014 - 14:01
Opec boss: Oil price drop will not prompt supply cut.
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The head of Opec has reiterated that it will not try to shore up plunging oil prices by reducing production.

On Friday Brent crude dropped below 62 dollars a barrel, its lowest price since 2009.

Secretary General of the oil producers' cartel Abdallah Salem el-Badri said that Opec was "assessing the situation to determine what the real reasons behind the decrease in oil prices are.
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