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Tuesday, May 16, 2017

Oil Market Outlook Deteriorating for OPEC


INO.com Traders Blog http://ift.tt/2qnm0K3 Arrogant OPEC members thought they could beat American shale oil producers into submission in a market share battle. But instead, they caught a tiger by the tail, and now the tiger is turning on them. OPEC producers were bragging back in late 2014 that they had much lower costs of production than American shale oil […]

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