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Tuesday, 5 May 2015

Speculation played large role in oil prices drop – OPEC

Speculation played large role in oil prices drop – OPEC
05 May 2015 - Oil supply and demand don’t fully justify the 60 percent drop in prices between June and January as speculation also played a role, OPEC said. A rise in supply from outside the Organization of Petroleum Exporting Countries at a time when demand for oil was weak was the main reason for […] More »

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