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OPEC sees huge oil oversupply if no action taken

Posted by Cheapsuits 1207 days ago, popular 1207 days ago (http://in.reuters.com)
Category: Economy | Tags: oil supply opec
The world faces a huge oversupply of oil next year if leading producers fail to reduce output, OPEC Secretary General Abdullah al-Badri said on Tuesday, as his organisation prepares for an emergency meeting to discuss cuts.
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