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Tuesday, 8 November 2016

OPEC sees rival oil supply down, but not out

OPEC sees rival oil supply down, but not out
08 November 2016, London — Global demand for OPEC’s crude oil will rise in the next three years, the group forecast, suggesting its 2014 decision to let prices fall to curb costlier rival supplies such as U.S. shale is delivering higher market share. The Organization of the Petroleum Exporting Countries, which in 2014 refused to […] More »

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