OPEC STANDS PAT, SPURRING OIL PRICE PLUNGE

The Organization of Petroleum Exporting Countries' insistence on standing pat on production levels at its Nov. 2 'D-24 meeting in Vienna has sent crude oil prices plummeting to their lowest levels in several years. The latest meeting resulted in an agreement to maintain OPEC's overall production quota at 24.52 million b/d, a 6 month ceiling established at the group's September ministerial meeting. With traders expecting some sort of production cut to reflect the current soft

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