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Price rides high on Iraq, Kuwait and Venezuela. (Oil & Gas).

Publication: Meed Middle East Economic Digest
Publication Date: 31-JAN-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Regional

Oil prices remained high in late January as the UN weapons inspectors said Iraq was not co-operating in substance and Baghdad hinted at strikes against Kuwait. The heightened political tension overrode an increase in Venezuelan production to more than 1 million barrels a day (b/d) to keep the price of benchmark Brent crude at...

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