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WASHINGTON, Oct 24: Opec and other world oil producers need to boost production to counter sagging inventory levels in the United States and other industrial nations, US Energy Secretary Sam Bodman said on Wednesday.
“I believe we do” need more supply from the Organisation of Petroleum Exporting Countries, Bodman told reporters at a conference on US-China relations.
“I’ve made my case and I’m hopeful that they will follow through,” Bodman said, although he declined to say whether Opec should take action when it meets in December.—AFP
