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No Reason to Cut Oil Output: Analyst

June 15, 2012

Neil Beveridge, Senior Oil Analyst, Sanford C. Bernstein says oil markets are well-supplied at the moment and there is no reason to reduce output. He says the recent sharp drop in oil prices is due to very weak demand across all the major markets.

Source: http://www.cnbc.com/id/15840232?video=3000095670&play=1
 
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