Japan Minister Sees Oil Price Drop in China Talks
Toshio Komoto, Japan's minister of international trade and industry, returned from Peking expressing confidence that China's $12.30 per barrel price to Japan will fall in negotiations for a five year agreement. Japan pays $11.48 per barrel for Middle East oil.
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Organization of Petroleum Exporting Countries
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Petroleum Intelligence Weekly
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Toshio Komoto
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