1. OPEC would cover for any Ukraine-related oil shortage Saudi Arabia, which has played the leading role...
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1. OPEC would cover for any Ukraine-related oil shortage Saudi Arabia, which has played the leading role in cushioning against supply disruptions from Libya, Nigeria, Iraq, and South Sudan, will increase production if the Ukraine crisis creates an oil shortage.
Source: Reuters, May 12, 2014
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Related Book For 
Essential Foundations Of Economics
ISBN: 9780520219465
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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