Mhhhhhhhhhhhh
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So they admit they are manipulating the market with their output. That is why the price of crude is high. They decide how much to put out for the price. Time to get away from oil and start working on better and cheaper fuel sources.
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If the production capacity will be minimized, Then there will be a possibility of decreasing oil prices by OPEC. As the production cost would be curtailed. But the effective demand of the crude world wide has been increased. So for meeting the dd there is to raise the oil output
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