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To Stabilize the Oil Market, OPEC Refines Its Strategy

May 26, 2017 | 10:04 GMT
At a meeting in Vienna on May 25, OPEC resolved to extend its production cut for an additional nine months, through March 2018.
(JOE KLAMAR/AFP/Getty Images)

The newly extended production cut will slowly restore balance to the international oil market. But as the countries participating in the deal get closer to achieving their goals, they will face a different dilemma: how to ease out of it....

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