Tags Posts tagged with "OPEC"

OPEC

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So far this year, the WTI has gained 33.5%, and the Brent 35.3% – but they are still down from their peak of 2014

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OPEC has decided to ignore the difficult relations between its members to act together on the oil price and try to stabilize the situation.

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Oil continued to rise during the Asian session this Friday. Yesterday, prices jumped in the hope of the oil market rebalancing in the second half of 2017.