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Top OPEC ministers say longer cuts needed but duration undecided

Global oil stockpiles are shrinking and demand is rising, but OPEC and its allies have agreed that there is still major overcapacity on the market and production cuts must be extended.

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Crack and explosion show risks of Europe's aging energy networks

A crack was discovered on the Forties Pipeline System in Scotland, while an explosion cost one fatality and injured at least 18 people at a gas plant in Austria. Repairs and concerns about dangerous incidents will only become more common in Europe's oil and gas infrastructure.

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