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OPEC oil output slips in June on Iraq

Posted on 01 July 2014

OPEC’s oil output has fallen in June from May’s three-month high, a Reuters survey found on Monday, as fighting in Iraq closed its largest oil refinery and technical problems slowed its southern exports.
The slight decline underlines how unrest and outages in the Middle East and Africa are taking their toll on OPEC supply, just as the International Energy Agency is highlighting a greater need for OPEC oil in the rest of the year………………………………………..Full Article: Source


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