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10 August 2020 The on-line newspaper devoted to the world of transports 03:49 GMT+2

March 6, 2000

OPEC oil ministers say there's no need to increase production

TEHRAN, Iran - International oil markets are not facing a shortage and there is no need to raise production to bring prices down, said representatives of Iran, Libya and Algeria Monday.

"Given the fact that world oil demand will decline in the second quarter by more than 3 million (barrels per day), they believe that OPEC member countries can maintain ......
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