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Saturday, 30 May 2015

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated

OPEC seen backing Saudi Arabia’s plan to keep supplies elevated
30 May 2015 – When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale oil levels, prices will be on its side. Crude plunged for eight of nine weeks prior to group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, […] More »

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