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Commodities Briefing - Categorized | Financial, Oil more

OPEC to keep quota as revenue tops US$1T

Posted on 05 December 2012

OPEC will probably keep its output quota unchanged for a second successive meeting next week as members judge prices high enough to cover their spending needs, according to a Bloomberg survey.
All 17 analysts in the survey conducted from Nov. 29 through yesterday said there will be no change to the collective ceiling of 30 million barrels a day agreed on almost a year ago………………………………………..Full Article: Source


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