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Deeper Saudi supply cuts needed to sustain high oil prices
2014-09-22 04:14:31| Energy - Topix.net
Saudi Arabia will need to keep cutting oil output to sustain prices above $100 a barrel, even after the kingdom's largest reduction in two years, analysts say. The world's biggest crude exporter told OPEC last week it pumped 408,000 barrels a day less last month, about as much as Australia produces.
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Category:Energy and Environment
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