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OPEC's sequel to blockbuster oil deal faces struggle in 2019

The petroleum cartel's plans to revive oil markets are receiving a more chilled reception than its successful strategy last year. There is growing speculation that surging US shale output and uncertain fuel demand could thwart OPEC's efforts.

Photo: Bloomberg

OPEC's bold strategy to revive oil markets proved a surprise success last year, but the sequel they have unveiled for 2019 is getting a cooler reception.

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