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UPDATE 1-Ecuador says OPEC to analyze global crisis impact

Mon Oct 6, 2008 1:08pm EDT
 
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(Adds minister's quote)

QUITO, Oct 6 (Reuters) - Ecuadorean Oil Minister Galo Chiriboga said on Monday that OPEC will analyze the impact of the global financial crisis on oil demand and set production levels in accordance.

He also said the financial meltdown is negatively affecting demand in the United States.

"OPEC has to analyze and set production in accordance to demand," Chiriboga told reporters in Quito. (Reporting by Jose Llangari; Editing by Christian Wiessner)

 

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