U.S. Continues To Pressure OPEC

Wednesday, March 22, 2000
Oil resumed its slide on Wednesday as Washington kept up pressure for a big OPEC output rise to prevent a politically-damaging U.S. gasoline shortage.

International benchmark Brent Blend crude oil futures for May delivery shed 21 cents to $25.51, having slumped $1.35 per barrel on Monday and recovered 52 cents on Tuesday.

U.S. light crudes were 23 cents off at $27.58.

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