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OPEC Increasing Oil Production by 300,000 Barrels »

Posted by: applemasher 3 months, 3 weeks ago

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Saudi Arabia, the world's largest oil exporter, stated that it plans to increase oil production by 300,000 barrels a day in response to higher demand and by request from President Bush. The move which will go into effect next month will increase its current production supply by 3.3 percent.

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