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Commodities Briefing - Categorized | Market Pulse, Oil more

Iran says OPEC needs clarity before able to act

Posted on 28 February 2011

From Poten.com: OPEC cannot take effective steps to calm volatile markets without more clarity on the implications of regional instability for supply, Iran’s OPEC governor said Sunday, adding the market had enough oil.
Fellow OPEC member Qatar also said Sunday that there was plenty of crude available from both OPEC and non-OPEC producers and that there was no justification for nervousness in the oil market……………………………………….Full Article: Source


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