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Page added on September 13, 2004

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Saudi Says OPEC Easing Oil Price Pressure

Alternative Energy


Algerian Oil Minister Chakib Khelil said he would support such a move but other ministers may prefer a smaller increase of nearer one million bpd, or no change at all. Whatever OPEC decides it will have little or no immediate impact on real supply levels because all in OPEC, bar Saudi Arabia, are pumping at full capacity.

Reuters



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