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OPEC keeps output target at 30 million barrels

By George Jahn
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OPEC keeps output target at 30 million barrels

VIENNA (AP) — Facing greater oil demand but possessing limited ability to satisfy it, OPEC countries on Wednesday agreed to keep unchanged their output target of 30 million barrels a day.

OPEC Secretary General Abdullah Al-Badry sought to cast the 12 countries’ decision in a positive light.

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Oil OPEC