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Arabia
OPEC agrees to raise output
2007-09-12
The Saudis are not happy with Iran and their Syrian puppet.
So they're going to sell us more oil at $70 a barrel. Shrewd ...
Posted by:lotp

#1  Prices don't reflect this. Either they are just raising the authorized output to match what they are already producing, or they are already producing all they can and raising the authorized amount is irrelevant.
Posted by: Glenmore   2007-09-12 07:39  

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