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Sunday, November 29 - 2009

Opec steady on oil supply

  • Saudi Arabia: Saturday, February 02 - 2008 at 07:40

The Organization of the Petroleum Exporting Countries (OPEC) has kept oil supplies unchanged at 29.67 million barrels, while rejecting US' demand for more oil, reported Reuters. Saudi Petroleum Minister Ali Al-Naimi commented output increase can be pushed if it were needed but that global supply and demand were in balance.

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