Opec may boost output again
- Tuesday, September 18 - 2007 at 14:04
If oil stays above $80 a barrel for more than 15 to 20 days Opec would likely hold consultations about hiking output again, reported Reuters citing an unnamed Opec source. Opec's agreement last week to boost oil output by 500,000 barrels per day in November appears to have had little impact on consumer concern that energy supplies would be tight this winter as US crude futures hit a fresh record of $81.24 a barrel on Tuesday.
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Jeff Florian, Senior Reporter



