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Monday, November 12, 2012

''IEA sees OPEC output rising by more than 10 million b/d by 2035''

From Platts.com

"Oil production in OPEC countries as a group is poised to grow significantly over the longer term reflecting their large resource base and relatively low finding and development costs, though short-term market management policies will probably continue to constrain the rate of expansion of supply," the IEA said.''

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