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Monday, May 29, 2017

OPEC underpins oil markets into 2018

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If success is measured in averting a looming supply glut & bolstering OPEC budget deficits, then the 9 month extension of production cuts is a triumph of pragmatism. But the firmer oil price we expect can only embolden the US tight oil industry.

May 29, 2017 at 04:20PM

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from Simon Flowers, Contributor

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