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Sun, 28th May 2017

Anirudh Sethi Report

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Iraq cuts oil production by 160k bpd for OPEC deal terms

Statement just out from Iraqi oil minister. 10 Jan

  • hopes to reach OPEC-agreed level of 210k bpd by end -Jan

Elsewhere Kazakhistan cuts output by 20k bpd re OPEC deal

Oil prices had a little tick upward but short lived.

WTI currently $52.15 Brent $55.07

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