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OPEC Set To Keep The Current Production Ceiling
Published on Thursday, 14 Jun 09:39 am
OPEC members meeting in Vienna look increasingly likely to maintain their current 30mn b/d output ceiling. There have been no serious calls as yet for the ceiling to be reduced but there are calls for efforts to rein back overproduction. OPEC’s latest Monthly Oil Market Report showed the group producing an average of 31.58mn b/d.
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