REGIONAL/OPEC
Production Rise Fails To Dent Prices
OPEC output last month staged a minor recovery from the 14-month lows registered in December, MEES estimates show. But basket prices, which late January ratcheted above $110/B, would indicate demand this quarter has not fallen as fast as anticipated. A resurgence in economic optimism and market nerves catalyzed by the 16 January massacre at Algeria’s In Amenas gas facility go part of the way to explain...
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