PRODUCTION CUT COULD HIKE OPEC REVENUE

Revenues for members of the Organization of Petroleum Exporting Countries would rise substantially if members cut total production from the january level of about 27 million b/d of crude oil and condensate. That's the view of Mackay Consultants Ltd., Inverness, Scotland, which said OPEC production to maximize revenues is 23.5 million b/d of oil and condensate. This is 13% below January production.

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