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KCSM Journal November 28, 2014

The market. That is the decision at a summit today in vienna. It is great for consumers looking for cheap oil. 72 a barrel now. The decision was spearheaded by saudi arabia. It made clear it does not have any intention of curbing production despite pleas from others in the market. Even as opec discussed production levels, the price of crude oil continued to fall on thursday. Cartel members dont want to project in amick of panic and agreed to leave volumes study. Four years we have a very decent price. That does not mean we should really rush and do something. We have to wait and see. The current oil has triggered a drop in revenue. Two years ago a barrel cost 120. Since then the price has fallen by one third. Oil production remains high, but demand is not keeping up. Economic growth has slowed in china and europe and u. S. Oil production has risen with the fracking of oil. Opinions differ on opec members and the cant agree to bolster prices. The fair price is where we can invest and wh ....

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LINKTV Journal November 27, 2014

Oil will continue to flood the market. That is the decision at a summit today in vienna. It is great for consumers looking for cheap oil. 72 a barrel now. The decision was spearheaded by saudi arabia. It made clear it does not have any intention of curbing production despite pleas from others in the market. Even as opec discussed production levels, the price of crude oil continued to fall on thursday. Cartel members dont want to project in amick of panic and agreed to leave volumes study. Four years we have a very decent price. That does not mean we should really rush and do something. We have to wait and see. The current oil has triggered a drop in revenue. Two years ago a barrel cost 120. Since then the price has fallen by one third. Oil production remains high, but demand is not keeping up. Economic growth has slowed in china and europe and u. S. Oil production has risen with the fracking of oil. Opinions differ on opec members and the cant agree to bolster prices. The fair price is ....

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