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World rejection of OPEC controls could push oil below $50 a barrel
Iraq's threatened OPEC exit and rising non-OPEC supply have Bank of America and Goldman Sachs warning oil could fall below $50 a barrel by 2026.
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economictimes.indiatimes.com
Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say
Baghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further destabilize the cartel. While Iraq's current…
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zerohedge.com
Another OPEC Exit? Iraq Warns It Could Abandon Oil Cartel If Quota Hike Rejected
"Otherwise, a decision will have to be made regarding whether to remain in or withdraw from OPEC."
