OPEC's Worst Cheater Will Get Harder to Ignore as Curbs Falter
- Iraq will have even less impetus to cut as capacity grows
- Market ‘underwhelmed’ by OPEC’s efforts so far: Morgan Stanley
OPEC Faces U.S. Shale Challenge Ahead of Meeting
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OPEC’s second-biggest producer is also its biggest cheater.
And if past is prologue, that lengthens the odds the group will be able to squeeze too many more price gains out of its output cuts.