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Saturday, January 14, 2017

The member countries of OPEC have agreed to limit oil production

The representatives of the countries entering into cartel of oil exporters, OPEC, at an informal meeting in Algeria have agreed to limit oil production at the level of 32.5 million barrels a day. About it reports Reuters, citing a source in the organization. The agreement will enter into force in November this year.

OPEC plans to issue a call to restrict oil production to other countries.


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