The U.S. Oil Boom Won't Last Long at $65/Barrel

The U.S. Oil Boom Won't Last Long at $65/Barrel

So maybe OPEC does still matter. After deciding to keep its production levelsunchanged at 30 million barrels a day and triggering Friday’s nearly 10 percent selloff, the cartel proved it can still cause huge swings in oil pricesā€even if it’s in the opposite direction that most of its members wanted to see.

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