Independent journal on economy and transport policy
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OPEC Will Hold Oil Output Steady
(The Washington Post)
July 4, 2001
Cartel Worried About Iraq Resuming Exports
By William Drozdiak Washington Post Foreign Service
BRUSSELS, July 3 -- Faced with the prospect that Iraq may soon resume exporting oil, OPEC producers agreed today to maintain current levels of output in a bid to sustain prices around their target of $25 a barrel.
The decision to hold output steady came as a disappointment to consumer countries, which have ...... Read more on The Washington Post
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