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Other Papers on :Oil Industry
This report outlines the existing problem concerning the instable and extremely high oil price. The aim is to describe the macro-economical factors, causing the instable price and describe what OPEC can do to stabilize this oil price. This matter seems lucrative for OPEC, gaining more profits on the produced oil, but in fact a lower oil price benefits OPEC more. A number of key issues are discussed, which affect the price instability.
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