Insight
OPEC goes for the no surprise outcome
Report summary
The 4 December OPEC meeting ended with no decision to cut production nor an agreement to raise the output ceiling. Instead, as expected, OPEC will continue with its market share policy and wait until 2016 to consider a change from that approach. This Insight discusses the outcome of the meeting and implications for market fundamentals.
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- OPEC goes for the no surprise outcome
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This report includes 1 images and tables including:
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- Shift in the fundamentals in 2016
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