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Surging OPEC crude production, talk of a freeze, and the meeting in Algiers

With senior writer, oil news, Herman Wang

August 11, 2016 09:48:58 EST (3:22)

As speculation swirls over whether OPEC will discuss a crude oil production freeze deal next month, the producer group's output has reached new heights, with the market share strategy still apparently in full swing. The likelihood of a deal emerging is doubtful, analysts say, and even OPEC president and Qatar energy minister Mohammaded bin Saleh Al-Sada insists that the oil market's fundamentals appear sound.


Herman Wang examines the forces impacting OPEC supply and how that dynamic could play out when the organization meets on the sidelines of the International Energy Forum in September.


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