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Mail & Guardian

David Wright

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Infighting: Oil producer Saudi Arabia (oilfield pictured above) is opposing the United Arab Emirates’ wish to increase production far beyond agreed limits, fearing toppling prices. Photo: Simon Dawson/Bloomberg/Getty Images
BOITUMELO SEHLAKE

Oil volatile amid cartel crisis

The breakdown of the oil-producer alliance could cause already high prices to spike

  • Sarah Smit
4 min read