That's positive in theory but largely falls in line with current expectations. It says they "will likely wait some time" before beginning to wind down the 1.66 mbpd still offline from the full group, though many in the market don't believe there is that much spare capacity.
Going foward though, eyes will be on the global economy -- particularly China and the USA -- for signs of demand.
This article was written by Adam Button at www.forexlive.com. Read More Details
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