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Can OPEC “freeze” production, or is it already frozen?

Posted on by Roger Andrews

 

 

 

 

 

The implication is that all the talk about freezing OPEC production at January 2016 levels may be just so much hot air. With Saudi Arabia also now pumping at capacity according to Euan’s March vital statistics post OPEC may no longer be capable of increasing production above current levels even if it wanted to.

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SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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