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Tag: oil production cut

Commercialization, Conventional Fuels

How Far Will OPEC Go For $60 Oil?

April 20, 2017

Via: Energy Collective

It seems the $55-per-barrel that Gulf producers earlier believed would help them to return their economies to growth has turned out to be insufficiently high, thus the new $60 target. Iraq’s Oil Minister Jabbar al-Luaibi confirmed this plainly: “Iraq wants […]