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Things haven't exactly gone according to plan for the Saudis

OPEC's November 2014 decision to not cut production has been interpreted as the moment Saudi Arabia decided to go after market share rather than boost prices. Two years later — and after the cartel's recent surprise agreement to limit production at its upcoming November meeting — it's worth checking in to see how this strategy has worked for them. The verdict? Not so great, according to Michael Tran, commodity strategist at RBC Capital Markets.
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