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03 Jun 2015 08:07 #258064
by chairman
OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived demand and knocked back growing competition. With oil prices having stabilized, at around $65 a barrel, some $20 above their January lows, there's little appetite within the Organization of the Petroleum Exporting Countries to modify production limits.
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OPEC to pump flat-out for months more
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