| OPEC is likely to stick to its no-cut oil output policy when it meets in December if major producers from outside the group are not willing to help in reducing supplies, a senior Gulf OPEC delegate said on Thursday.
Oil prices are under pressure as crude and refined products inventories are higher than the five-year average, but that is likely to improve next year, the Gulf delegate told Reuters. Demand for crude is healthy and it expected to remain strong next year despite concern over China's economy, the delegate said...............................................Full Article: Source
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