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03 December 2008 The on-line newspaper devoted to the world of transports 06:29 GMT+1



June 6, 2001

Opec may boost oil flow if Iraqis make price soar

By Lea Paterson, Economics Editor

OPEC, the oil cartel, yesterday held out the possibility of increased supplies later this summer when it agreed to hold a special July summit after Iraq's decision to suspend exports to key Western nations.

The group ruled out immediate relaxation of output quotas after its meeting in Vienna, as expected. However, ministers ......
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