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Opec may stay the course despite fears of US$20 oil

Iran's Oil Minister Bijan Zanganeh. Some Opec states see return to US$20 oil when Iran raises output once sanctions go.


OPEC is determined to keep pumping oil vigorously despite the resulting strain even on the policy's chief architect Saudi Arabia, alarming weaker members who fear prices may slump further towards US$20.

Any policy U-turn would be possible only if large producers outside the...

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