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How the global oil market was turned - The National
The National | How the global oil market was turned The National From 2004 to 2008 and 2010 to 2014, oil production and prices both rose. The price increases were completely divorced from the market principle of a supply-demand balance. In the middle of 2014, the price momentum ran out of steam and prices began ... Producer coordination would stabilise oil prices: Kuwait Kuwait says hopes for OPEC, non-OPEC oil coordination |
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