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OPEC operating in mixed market

Posted on 20 August 2013

Oil production from members of the Organization of Petroleum Exporting Countries was high to keep pace with local demand, an analyst said.
The Joint Organizations Data Initiative, a project supervised by Riyadh’s International Energy Forum, said oil production from Saudi Arabia declined by 20,000 barrels per day in June to 9.6 million. Iraqi and Kuwaiti oil production followed a similar trend, with 6 percent declines reported from May to June………………………………………..Full Article: Source


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