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New rules: Oil and OPEC may be down for a long count - Sydney Morning Herald
Sydney Morning Herald | New rules: Oil and OPEC may be down for a long count Sydney Morning Herald In 2008, as the oil price was rising to a new high of $US145 a barrel, New York-based energy guru Ed Morse issued a famous call. Oil was overhyped, he said, and would soon fall back below $US100. Incredible as it may seem now, his prediction was met ... World's two largest oil producers meeting to form cooperation pact Saudis seen escalating battle for global oil market share Russia, Saudi Arabia to discuss broad oil cooperation agreement |
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