Goldman: OPEC oil production to decline in 2013

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
According to the new outlook of Goldman Sachs, one of the largest U.S. banks, oil production in OPEC countries in 2013 will fall more than previously forecasted, as instability in Libya may cut supply. Goldman predicts the daily production to slump 760,000 barrels in 2013, while previously the bank waited for a 560,000 barrels decline. The announcement can positively influence global oil prices.
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