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