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Opec oil output falls from near-record in MayOpec's oil output fell in May from near a record high, a Reuters survey found on Tuesday, as attacks on Nigeria's oil industry and other outages outweighed increases in Iran and Gulf members. A rise in supply from Saudi Ar More… |
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Opec sticks to output policies as global glut growsOpec maintained its policy of pumping near-record volumes of oil at a meeting on Friday, according to sources at the group, taking no steps to reduce one of the worst crude gluts in history which has driven down prices. The group, More… |
