Monday, November 28, 2016

As OPEC price hike looms, Asia's big oil buyers may shop elsewhere

SINGAPORE/TOKYO, Nov 29 (Reuters) - For the first time since

2008, OPEC is set to strike a deal to cut oil output that may

boost prices. It may also give itself a bloody nose in Asia,

where big buyers are ramping up supplies from elsewhere and say

they don't want to pay more for fuel.

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