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Harry Neustein

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BUSINESS
May 17, 1987 | From Associated Press
Sheik Ahmed Zaki Yamani, the former powerful oil minister of Saudi Arabia, calls him "Mr. OPEC." But Harry Neustein likes to call himself a "gypsy trader." A maverick oil trader for nearly 60 years, he remembers when crude oil cost about 70 cents for a 42-gallon barrel. (It's now around $19 a barrel.
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BUSINESS
May 17, 1987 | From Associated Press
Sheik Ahmed Zaki Yamani, the former powerful oil minister of Saudi Arabia, calls him "Mr. OPEC." But Harry Neustein likes to call himself a "gypsy trader." A maverick oil trader for nearly 60 years, he remembers when crude oil cost about 70 cents for a 42-gallon barrel. (It's now around $19 a barrel.
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BUSINESS
March 13, 1991 | JOEL HAVEMANN, TIMES STAFF WRITER
The Organization of Petroleum Exporting Countries reached agreement Tuesday to modestly restrain oil production, and world oil markets promptly drove up the price of oil by 69 cents a barrel. OPEC's majority, with Saudi Arabia showing the way, set a production ceiling of 22.3 million barrels a day for the three months beginning April 1.
NEWS
November 26, 1988 | WILLIAM TUOHY, Times Staff Writer
Oil prices in Europe rose to the highest level in two months Friday in response to reports that the Organization of Petroleum Exporting Countries has reached tentative agreement on production ceilings for the next six months. In London trading, prices shot up $1 a barrel, to $14.38, for North Sea Brent crude oil to be delivered in January. According to analysts, prices could increase as much as $2 if the agreement is ratified by the 13 members of the oil cartel.
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