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The global oil deal that never came to be
April 18, 2016 by publisher · Leave a Comment
It was supposed to be the easiest deal ever reached among key oil market players, a mere formality. Eighteen countries were gathering in the Qatari capital of Doha to rubber-stamp the first joint agreement between major OPEC and non-OPEC nations in 15 years, tackling a huge global glut after flooding the market for two years. Oil prices were rising.
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The global oil deal that never came to be