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May 22nd, 2008

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Which Way Will Oil Prices Go?

May 22nd, 2008

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Saudi Arabia said on Friday that it would raise its daily output by 300,000 barrels per day … Angola is scheduled to start shipping a new blend of crude oil in July, boosting production by about 90,000 barrels a day… Iraqi oil production rose to more than 2.5 million barrels a day last week, the highest this year…

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