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Monday, November 30 - 2009

Opec no rush on output

  • United Arab Emirates: Monday, April 18 - 2005 at 07:27

There is no urgency to raise Opec's output by a further 500,000 bpd as stocks continue to build, according to UAE Minsiter of Energy Mohammad bin Dha'en al Hamili. He said that the fundamentals were correct and the market is well supplied. Opec ministers meet in Vienna on 15 June.

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