18.03.2009 - Compliance to OPEC cuts can support crude prices
From Indiatimes.com: The Organization of Petroleum Exporting Countries (OPEC), responsible for nearly 40 per cent of global oil supply, has decided to keep its crude oil production quota unchanged in its latest meet. However, if the member countries adhere to the compliance ratio--the compliance of group members to practice decided production cut--the short term supply squeeze is expected to support the prices well. .... Full Article: Source
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