Middle East Economic Survey
VOL. XLVIII
No 48
28-November-2005
OPEC
OPEC Unlikely To Change Output Stance In Kuwait As Market Seen Well Balanced
OPEC is unlikely to change its present stance on oil production at its upcoming meeting in Kuwait on 12 December, with major producers viewing the market as reasonably well balanced, MEES understands. Although there are some indications of a global stock build in crude, there is not enough evidence for now to justify a cut in production ahead of the second...
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