A general view of the Zueitina oil terminal is seen in Zueitina, west of Benghazi April 7, 2014. (REUTERS/Esam Omran Al-Fetori)
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The Organization of Petroleum Exporting Countries will accommodate additional output from members Iraq, Iran and Libya, Secretary-General Abdulla al-Badri said Wednesday, without explaining how the group would do so under the group's production ceiling.Its output is currently capped at 30 million barrels a day, but the group plans to meet in Vienna on June 11 to review the figure.OPEC foresees gradual increases from Iraq and Iran, while Libya is capable of boosting output by as much as 1 million barrels within a month, he said.The group has yet to determine how to accommodate potential output increases from Iraq, Iran and Libya, Badri said.
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