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OPEC January Crude Output Rises on Gains From Iraq

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OPEC oil production rose in January as record Iraqi output helped drive prices near six-year lows.

Production by the Organization of Petroleum Exporting Countries climbed 483,000 barrels a day to 30.905 million a day this month, led by gains in Iraq, Saudi Arabia, and Angola, according to a Bloomberg survey of oil companies, producers and analysts.