(MENAFN) Opec said yesterday that its crude oil production is expected to remain high in 2013, though Saudi Arabia has cut production, according to Gulf Daily News.
A report by Opac showed that the growing supply from the US and othe non-Opec countries will affect the group's market share next year.
Demand on the group's oil is expected to average at 29.57 million barrels per day over the following year.
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