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OPEC Agrees To Up Oil Output Ceiling

Posted by December 4, 2015

OPEC has agreed to raise its output ceiling to 31.5 million barrels per day at a meeting on Friday, OPEC sources said in what appeared to be an effective acknowledgment of existing production.
 
It was not immediately clear if the new ceiling included rejoining member Indonesia or not.
 
 
(Reporting by OPEC Newsroom; Editing by Michael Urquhart)

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