CRUDE OIL:
A more important event was taking place within OPEC. OPEC and non-OPEC members said that ways to support prices, including production cutbacks, will be discussed at the meeting in Vienna on Wednesday. Members of the Organization of the Petroleum Exporting Countries met with non members such as Russia and Mexico, but the summit wasn't expected to result in any production cutbacks despite the large supply overhang that has depressed oil prices since last year.
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