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Oil:OPEC down to the wire

Pubdate:2016-12-01 10:16 Source:liyanping Click:

OPEC members will meet in Vienna on Wednesday, November 30 to discuss apotential output cut. The latest headlines suggest that while there is a broadagreement on the rationale for a cut, political considerations and country level quotanegotiations are so far preventing a deal from being reached. As a result, it will likelytake intense negotiations on Wednesday before a decision is made.