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Published On: Wed, Feb 5th, 2014

OPEC oil output rises in January

Organization of the Petro¬leum Exporting Coun¬tries’ (OPEC) oil output has risen in January from December due to a partial recovery in Libyan supply and higher shipments from Iraq and Iran. Output from OPEC averaged 29.94 million barrels per day (bpd), up from a revised 29.63 million bpd in Decem¬ber, according to the survey based on…

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