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OPEC, Russia Crude Production Increases Offset Iran Losses
(Wall Street Journal) Sarah McFarlane - OPEC and Russian crude production continued to climb in October, more than offsetting losses from Iran where U.S. sanctions have curbed output, the oil cartel said on Tuesday. Gains mostly came from the UAE and Saudi Arabia, and were supported by Russia's 50,000 barrels-a-day increase last month.