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Crude Oil- OPEC Gets Ready To Meet With A Reactive Agenda

Crude Oil- OPEC Gets Ready To Meet With A Reactive Agenda

November 22, 2016

On November 30 the international oil cartel will sit down in Vienna in an effort to agree on terms that would make the Algerian Accord to freeze or cut oil production a reality. In my latest article for Seeking Alpha, I explain the reasons why I believe that OPEC’s back is against a wall and why they will come to an agreement which will prevent the price of the energy commodity from tanking and may even lift it from current prices as so many market participants remain bearish and short in the futures market.

Article: Crude Oil- OPEC Gets Ready To Meet With A Reactive Agenda

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