Longstanding tensions between Saudi Arabia and Iran will hold OPEC back from an oil production freeze in the near term, analysts said.
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The OPEC meeting in Algeria may not have resulted in a resolution as of Tuesday, but at least one person is optimistic. » Read More
The slump in energy prices means oil-producing countries face a “clear need” to diversify their economies and improve competitiveness, WEF says. » Read More
This news comes a week after Icahn more than halved his stake in the natural gas producer. » Read More
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