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Oil prices fall ahead of OPEC meeting
OPEC and allies are expected to meet on 30 November.
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OPEC and allies are expected to meet on 30 November.
OPEC said there will be a decline in demand in its monthly report for September, released on Monday.
The futures contract dropped 4.2 per cent on Thursday.
The development came after Iraq and Algeria joined Saudi Arabia in supporting an extension to OPEC supply cuts.