OIL: OPEC'S Price Doves Win a Big One

Judging from past sessions, nobody expected the meeting in Vienna last week of the ministers of the 13-nation Organization of Petroleum Exporting Countries to be a quiet affair. But few foresaw what by week's end had become a dramatic and bitter tug of war between the cartel's two major producing nations, Saudi Arabia and Iran. After four days of fierce wrangling, the members compromised Saturday on a hike in world oil prices of only 10%, or about $1.05 per bbl., well below the 35% or so that had been bruited about a few...

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