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Teaching Economics

In the News

Will OPEC agree an output squeeze to raise crude prices?

Graham Watson

20th April 2016

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A number of oil producers - both OPEC and non-OPEC members are meeting in Qatar to discuss what to do about levels of production. At the moment there's only one agenda item: whether or not to agree to freeze output, rather than reduce it but this alone has helped boost oil prices, although it's unlikely to raise them dramatically.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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