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FGE In The Media

Average oil price would be same with or without OPEC deal, says Fesharaki


The Organization of the Petroleum Exporting Countries (OPEC) may have brought a certain degree of stability to the market via its oil production cutbacks, but the initiative hasn’t had any impact on the average price of crude: that is the contention of Fereidun Fesharaki, founder and chairman at FGE, who told media that average crude prices would be the same with or without the deal.


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