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Sunday 29 April 2018

OPEC cuts may go deeper as another member sees output slump

OPEC cuts may go deeper as another member sees output slump

*Angola’s crude exports fall to lowest since at least 2008 *OPEC disruptions could send prices above $80 a barrel 29 April 2018, Luanda — While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation. Angola, once Africa’s biggest crude producer, is suffering sharp declines at under-invested offshore …

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