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Light at end of tunnel for Opec?

Its decision to maintain output, resulting in crude's collapse, could pay off next year

LONG RUN PLAN: The steep slide in Brent could prove beneficial to the 12-member Opec group as higher-cost competitors struggle.


WHILE Opec's fight to snatch market share from rival oil producers might look like a costly failure as prices languish below US$50 a barrel, an entirely different picture could emerge next year.

Supplies outside Opec are expected to contract in 2016 for the first time since