OPEC to Cut Oil Output by 3.5 Percent AP Online | September 25, 2003| | . This material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information) Copyright

BRUCE STANLEY, AP Business Writer
AP Online
09-25-2003
Dateline: VIENNA, Austria

President of the OPEC conference and Minister of Energy and Industry Abdullah bin Hamad Al Attiyah of Qatar and OPEC's Secretary General Alvaro Silva-Calderon of Venezuela, from left, wait for the start of the OPEC conference, on Wednesday, Sept. 24, 2003 at the OPEC's headquarters in Vienna. (AP Photo /Rudi Blaha)

In a surprise move, the OPEC oil cartel cut its production target for crude to counter an expected decrease in demand early next year.

The Organization of Petroleum Exporting Countries decided Wednesday ...

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