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That's more due to OPEC deciding to allow higher production quotas. Though you could argue that's because they expect a global downturn though it's not an indep
by greycol 2y ago
That's more due to OPEC deciding to allow higher production quotas. Though you could argue that's because they expect a global downturn though it's not an independent view just the view of those countries.
- HDThoreaun 2y agoOPEC allows higher production quotas because they think the price will go down and they need to keep revenue constant-ish so their governments dont collapse.