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ARABS-OPEC - March 11 - Cartel Tries To Ease Fears Over Supply Void.(Brief Article)

From: APS Diplomat Recorder  |  Date: 3/15/2003

Qatari Energy Minister and OPEC Pres. Abdullah Bin Hamad Al Attiyah tells the cartel's meeting in Vienna: "OPEC is committed to ensuring order and stability in the international oil market at all times... [we] still have some additional production capacity to meet possible shortfalls in world supplies". But analysts say the cartel has already pumped the vast majority of its extra barrels and the spotlight will now be on consuming governments and whether they will release their ...

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