08 January 2001 19:54 NYMEX Oil: Higher on Venezuela refinery problem, OPEC comments
Crude oil futures rose in New York Monday on news
that a gasoline producing unit at a key Venezuela refinery was shut
unexpectedly and on comments indicating OPEC will agree next week to cut
production by at least 1.5 million barrels per day. At 1108 ET, Feb crude
was up 35 cents at $28.30 per barrel
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