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Posts Tagged ‘opec’


How Low Can Oil Prices Go?

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Lower oil prices are driving energy stocks down and the market with them. OPEC met and not only are major producers going to reduce production but countries like Iran are promising to […]

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Saudi Cash Reserves and the Price of Oil

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Saudi Arabia has been willing to drawn down on its cash reserves in what is essentially an oil war. Forbes notes that the oil producer will need $70 a barrel oil to […]

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