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Experts say cartel, which meets this week, could cut by 500,000 barrels a day to reflect forecasts for a slowing global economy
Opec meetings are never simply about turning on and off the taps of the stuff that greases the world’s economy. And when the Organization of Petroleum Exporting Countries meets on December 6 there will be more to discuss than oil prices.
Geopolitics also overhangs the Opec meeting. Donald Trump has consistently pushed for lower prices and cheered recent falls earlier this month.
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