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Associated Press
Iran's Minister of Petroleum Bijan Namdar Zangeneh speaks to journalists prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday Nov. 27, 2014. Expectations that the group would not cut output to support the market saw the global price of oil slump another US dollar 1.89 on Thursday to US dollar 75.86 a barrel, extending its losses since June, when it was as high as US dollar 115. (AP Photo/Ronald Zak)

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