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Tag Archives: opec oil production

OPEC likely won’t move to boost oil price amid infighting

VIENNA — Cheap oil that could get even cheaper: That’s the challenge OPEC ministers face as they try to cut their losses at a time when supply is outstripping demand. But their hands appear tied. Ahead of their meeting Friday, there is recognition that the 12-member Organization of the Petroleum Exporting Countries will be unable to nudge up prices, at ...

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