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Crude Oil And The Prisoner’s Dilemma At OPEC

June 6, 2017

Last weekend, Saudi Arabia and four of its allies cut all diplomatic ties with Qatar in a move to protect themselves and make a statement in the region. In my latest work for Seeking Alpha, I explain why the move may create a prisoner’s dilemma on many levels and how I believe it limits the downside potential for crude oil as the temperature in the hot Middle East just rose by a significant number of degrees.

Article: Crude Oil And The Prisoner’s Dilemma At OPEC

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