10-07-2008, 03:52 PM
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#4
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go ahead, abbrev. it
Join Date: Jun 2005
Location: Lawrence, KS
Posts: 2,623
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They're unhappy about oil falling below $90/bbl.
Quote:
Iran is concerned that the deepening global financial crisis is having a bigger impact on oil demand growth than previously expected, the Islamic Republic's OPEC governor said on Tuesday.
It was too early to say if the Organization of the Petroleum Exporting Countries (OPEC) would have to cut production at its December meeting to match lower demand growth, Muhammad Ali Khatibi told Reuters in an interview.
"We are worried about demand," Khatibi said. "The financial crisis is deeper than we expected and this is definitely influencing world oil demand."
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Chooses rowing vs. wading
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