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Home>How the OPEC deal breaks down for 3 big producers

How the OPEC deal breaks down for 3 big producers

3party Content

Sat, 3 Dec 2016

By Sara Vakhshouri Saudi Arabia is the big winner in new OPEC output cut; what about Iran and Russia? OPEC got what it wanted with Wednesday's agreement to cut oil production: higher prices. But that is a double-edged sword, as those higher prices could lead to a surge in production by U.S. shale
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