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Oil markets defy divesters

Analysis: Rising demand for petrochemicals is a significant part of the growth in fossil fuel use.

Fri, 22 Jun 2018

Predicting events in the oil market is as fraught as picking the direction of currencies.

The Saudi Arabian-led Opec has been back at the centre of the action since it successfully – crucially with non-Opec member Russia – held back production and forced prices up from their mid-2016 lows.

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Oil markets defy divesters
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