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Analysts at Capital Economics forecast that the cartel and allied producers will only agree to roll-over their existing production curbs due to Saudi balking at the risk of seeing its share of the global oil market being eroded further by ‘free riders’. “If we are right and OPEC+ simply rolls …
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Survey results due out on Monday for factory sector conditions in China, the UK, US and euro area will set the tone for trading over the remainder of the week, with investors keen for the most up-to-date readings possible. They will be followed later in the week, on Wednesday, by …
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