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Opec, no formal supply increase
- Tuesday, April 19 - 2005 at 11:32
OPEC is likely to postpone an increase in formal production quotas until the group's June meeting but raise crude supply next month anyway, according to Sheikh Ahmad Al Sabah. In order to guarantee the flow of crude oils to the markets there will be an automatic increase from the members without a resolution, he said.
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James McInerney, News EditorTuesday, April 19 - 2005 at 11:32 UAE local time (GMT+4)
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