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Australian oil prices to stay lower for longer
If the recent OPEC oil meeting proved anything, it's that the middle eastern oil cartel is losing its power. The US and Canada are ready to lift production at the slightest hint of higher prices, placing the cartel in a no-win situation.
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By [email protected] (ABC News)If the recent OPEC oil meeting proved anything, it's that the middle eastern oil cartel is losing its power. The US and Canada are ready to lift production at the slightest hint of higher prices, placing the cartel in a no-win situation.