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Sunday, 26 June 2016

Ebbing U.S. demand offers early warning for OPEC

Crude calculation

Saudi Arabia faces a delicate balance at the cartel's upcoming meeting. Having pledged $130 bln to head off domestic unrest, the Kingdom will be less eager to crank up production. But with gas prices already squeezing U.S. consumers, even a less dovish stance could backfire.

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