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Outlook 2018: OPEC’s Alliance Triumph to Face Stiff Tests in 2018

Crisis-wracked Venezuela’s crude production in December plunged to its lowest in more than 15 years, but with seven out of OPEC’s 14 countries pumping greater volumes compared to November, the bloc had a slight uptick in its collective output to 32.40 million b/d, an S&P Global Platts survey showed Monday. See the Platts Article.

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