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| OPEC says oil market well supplied; 3 mln bpd spare capacity available if needed |
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 OPEC announced Thursday that it believes oil markets remain well supplied with crude, despite recent record prices, but that it is willing to pump more crude if necessary to keep pace with demand.
OPEC Secretary General Adbullah al-Badri said in a statement that the 13 member cartel had over 3 million barrels of spare capacity per day if needed
Forbes
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Posted on Thursday, May 08 @ 14:07:19 PDT by stu |
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