Pressure Rising on OPEC to Develop Long-Term Output Plan
A pumpjack operates at the Inglewood Oil field in Los Angeles, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)

Pressure Rising on OPEC to Develop Long-Term Output Plan

(Bloomberg View) -- The battle between OPEC and shale oil producers can be characterized as a two-round fight. In the first round, shale producers gained market share and the price of crude crashed...
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