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A New Oil Price War Is Now Underway

A New Oil Price War Is Now Underway Authored by Robert Rapier via OilPrice.com, OPEC+ raised output to defend market share, signaling a deliberate shift away from price stabilization. U.S. shale’s record production and rapid adaptability have weakened OPEC’s traditional pricing control. Oil pric......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/energy/new-oil-price-war-now-underway