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Telegraph.co.uk

Thursday 30 October 2014

Opec: Everyone needs to stop panicking about the oil price

Opec's secretary general dismisses suggestions member countries have embarked on an oil price war to preserve market share

55-gallon oil barrels stacked up outside a Chevron Gas station in Santa Barbara, California

The drop in the oil price to below $100 has raised questions over whether OPEC will cut supply when it meets in November Photo: Alamy

By Reuters

3:55PM GMT 29 Oct 2014

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