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Somaen
Nov 19, 2007

by vyelkin

Peel posted:

From the Middle East thread:


http://www.bbc.com/news/business-35564492

This is... unexpected. I guess the Saudis are starting to hurt in the pocketbook?

How significant is this?
[/quote]

Lol Russia is already at the maximum of their output and can't increase it due to the fact that they need Western technology to develop new fields and sanctions prevent that.
Secondly, Iran is not going to play along and how would Iraq stop increasing production, I think their oil companies are not government controlled?

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