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Oil Prices Drop After Producers Fail to Agree on Freeze

Oil prices dropped Monday after major oil producing nations failed to agree on a production freeze to help stabilize the market. The global benchmark Brent crude was down five percent early Monday, as was U.S. crude oil. Ministers from 18 OPEC and non-OPEC countries said Sunday after a meeting in Qatar they need "more time" to make a decision about capping production at January levels.  They are seeking stability after oil prices plummeted from more than $100 a barrel in...

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