| As the next OPEC summit draws closer, another round of commentary centered on the cartel not “relenting” in the ongoing oil market tussle has flooded media outlets. Such chatter risks regurgitating the obvious.
That OPEC is not going to give ground became quite clear back in November at its last meeting, where the oil producers’ collective decided not to cut the 30 million barrels per day (bpd) production quota it has officially kept in place since December 2011...............................................Full Article: Source
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