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Montevideo, June 25th 2017 - 03:35 UTC

Is a second OPEC cut on the Cards?

Tuesday, March 14th 2017 - 21:28 UTC

OPEC's coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. But resurging U.S. shale has been capping the upside, and Brent has not breached US$58 per barrel. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year. Read full article

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