Comment on OPEC likely to extend output cuts, but price relief elusive

OPEC likely to extend output cuts, but price relief elusive

VIENNA (AP) — OPEC oil ministers meeting this week appear damned if they don't extend production cuts — and only slightly less damned if they do. [...] even a slight rise in value per barrel will fuel further U.S. shale production, meaning more and cheaper oil down the road.

 

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