Saudi Oil Minister Reprimands CNBC Reporter for Calling OPEC a 'Cartel'

'Organization' limits output, wants to set price but denies it falls under the definition of a 'cartel.'

Crude Coverage

Media ignore OPECs control of oil market when covering Americas pain at the pump.

Media Ignore OPEC's 'Toying' with Oil Output

Weeks ago, CNN's Jack Cafferty pushed theory that oil company execs were driving prices down.
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