Live Mint – Opec deal will support oil prices, but long-term cap remains

    By
    GPF Team
    -
    15

    As an article by George Friedman and Xander Snyder of Geopolitical Futures said, “Rising oil prices cannot be explained solely by events in the Middle East or by Opec’s cuts. Rather, it’s a combination of Opec’s cuts and the inability in the near term of shale drillers to significantly expand capacity…”

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