Opec possible production cuts
- Tuesday, December 27 - 2005 at 06:39
Opec expects demand on its crude to drop by 2m bpd in 2006, and will meet in January to consider production cuts from Q2, according to president Sheikh Ahmad Al Fahd Al Sabah quoted in Reuters. Sheikh Ahmad said Opec would be generally satisfied if prices remained around $45-50 a barrel.
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