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Ninety-five is the new 100 percent

Started by staff, March 17, 2009, 06:01:10 PM

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staff

Ninety-five is the new 100 percent
      


One reason oil prices are as high – or not lower than they are – depending on your perspective, is OPEC’s unusually high level of discipline. Output targets for the disparate group, whose members range from leading exporter Saudi Arabia to oil minnow Ecuador, have often born a tenuous relationship to reality. This time, they have been [...]
         

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