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Saudi could consider more action to raise oil price – OPEC delegates

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As per Bloomberg reports, OPEC delegates said Saudi Arabia could consider more action to raise oil price.

    The comments come after Saudi and Qatar agreed on production freeze at January levels. However, the agreement is contingent on other major nations – Iran and Iraq – agreeing to do the same.
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