• HSBC

Lift in production not on

  • Tuesday, May 09 - 2006 at 07:35

An oil production hike is unlikely to be on the agenda when Opec next meets next month in Venezuela, because the group has little additional capacity available, Venezuela's Oil Minister Rafael Ramirez is quoted by AP as saying on Monday. Opec is due to meet on 1 June in Caracas.

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