OPEC faces new Iran-Saudi clash
Dubai, United Arab Emirates (UPI) Oct 7, 2011 - The Organization of Petroleum Exporting Countries could face another clash between Saudi Arabia and Iran as the cartel's oil production rises to a three-year high. The 12-member cartel's output for September is expected to average 30.25 million barrels per day, up from 30.15 million bpd in August, the highest level for three years, as Iraq's exports increase and Libyan crude starts flow ... more
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