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oil supply-reduction pact

OPEC could extend or deepen supply cut if oil glut persists: Sources

OPEC could extend or deepen supply cut if oil glut persists: Sources

Fri, Feb 17, 2017

The organisation of petroleum exporting countries (OPEC) could extend its oil supply-reduction pact with non-members or even apply deeper cuts from July if global crude inventories fail to drop to a targeted level. 

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