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Are OPEC crude output ceilings, quotas a thing of the past?

With Moscow-based oil news editor, Rosemary Griffin

June 07, 2016 17:15:35 EST (3:04)

The June 2 OPEC meeting in Vienna ended with no agreement to restrict crude oil output, raising questions about whether the organization will ever return to output ceilings and quotas.


With Iranian oil minister Bijan Zanganeh seemingly more upbeat than in the recent past and the organization looking to keep a close eye on non-OPEC production, Rosemary Griffin addresses these and the other main talking points post-Vienna.


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