Oil prices inch up on the eve of OPEC meeting

31-Jan-06
World oil prices rose on the eve of an OPEC meeting in Vienna where member countries are to decide whether to alter the cartel's level of crude production. New York's main contract, light sweet crude for delivery in March rose to US$68.27 per barrel in electronic trading. In London, the price of Brent North Sea crude for March delivery rose to US$66.58 per barrel.
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