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Oil analyst who foresaw crash sees Opec uniting in self-interest

Tuesday, November 15, 2016 - 05:50

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Iran and Iraq argue they should be exempt from oil output restraints while Russia says it would be willing to freeze supply if Opec can agree on reductions.

Singapore

MEMBERS of the Organization of the Petroleum Exporting Countries (Opec) need to stop bickering over output curbs or risk the group becoming irrelevant to global oil markets, according to an analyst who predicted the biggest price crash in a generation.

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