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Forget OPEC – demand is oil’s top risk Add to ...

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You have to love those oil traders and their ability to shut out reality in the name of small pops and drops in crude prices.

Anyone who’s followed the machinations of the Organization of Petroleum Exporting Countries even moderately closely knows there was never any real prospect that its members would show up at an informal meeting in Algiers and hammer out new production limits to lift prices out of a two-year funk.

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