| From WSJ: Here’s the thing about OPEC’s decision to maintain current levels of crude-oil production today: It really amounts to a production cut, but the market doesn’t care.
The oil cartel for the fourth time this year maintained current production levels, pretty much as everyone expected. With one big caveat: OPEC honchos called for oil-producing states to comply with their output quotas after an alarming lack of discipline since the spring........................................Full Article: Source
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