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Marina Schwarz

More OPEC Woes: India Diversifies Oil Supplies

Marina Schwarz in Oil (General)

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Marina Schwarz    + 1,576

Marina Schwarz

India is diversifying its sources of crude. Why this should bother OPEC: it is diversifying away from the Middle East and into Mexico and Brazil. Demand there this year is seen to grow by 300,000 bpd, so that's quite a lot of oil. Poor OPEC...

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