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Page added on November 27, 2007

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No need for now for December OPEC output boost: Qatar


RIYADH (Reuters) – There is no need for OPEC to boost oil output when the producer group next meets on December 5, Qatar’s Oil Minister Abdullah al-Attiyah said on Tuesday.


“My personal belief is that for the moment there is no need to increase production,” he said.


Shifting oil pricing away from the dollar to a basket of currencies was “unrealistic,” Attiyah added.



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