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OPEC unlikely to raise production quotas in June, IEA says

Posted on 25 May 2011

The Organization of Petroleum Exporting Countries is unlikely to increase crude production quotas at its June 8 meeting, said Richard Jones, deputy executive director of the International Energy Agency.
“I would be skeptical,” he said today at a press conference in Brussels. “Knowing OPEC politics, it would be difficult to make a decision in June.”………………………………………Full Article: Source

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