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OPEC intends to moderately increase the supply
June 19, 2018
Source: World Oil

OPEC intends to moderately increase the supply

Russia and Saudi Arabia are pushing for a big rise, while Iran, Iraq, and Venezuela are insisting to keep the production quota same as before. Members of OPEC are looking for a way out of this situation and according to sources, are into discussions about delivering 300,000 to 600,000 bpd of additional oil supply to global markets over the next few months.

   Read More About : Iraq OPEC Russia US Venezuela
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