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IEA says Opec unlikely to cut oil production target

Tuesday, October 14, 2014  
Posted by: Alisa Allen

Opec is unlikely to lower production to support tumbling oil prices because the dynamics of the global market have been changed by the growth of unconventional oil, according to the International Energy Agency.

http://www.ft.com/intl/cms/s/0/58d6d65a-537a-11e4-929b-00144feab7de.html#axzz3G8WeG1Lv


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