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P.M. BRIEFING : OPEC ‘Almost’ Agrees on Ceilings

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From Times Wire Services

OPEC oil ministers said today that they were “almost” in agreement on a higher new official production ceiling for the 13-member cartel, but haggling continued on the fourth day of talks.

“We have almost settled on a ceiling,” Iraqi Oil Minister Issam Abdul Al-Chalabi told reporters after a 90-minute morning session.

An Indonesian official said privately, however, that the debate was “floating” around various proposed production limits.

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