| Global demand for oil from OPEC next year will be far below its current output level because of the U.S. shale boom, the group said on Wednesday, as its top producer, Saudi Arabia, kept silent on whether it will cut output to remove surplus oil from the market.
A lack of public comment from Saudi Arabia on the fall in oil prices to their lowest since 2010 has prompted industry watchers to wonder whether the kingdom may be moving away from a policy of simply managing the market and instead pursuing geopolitical goals...............................................Full Article: Source
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