The selloff that dragged crude prices to near their lowest levels in four months has left many oil drillers, energy traders and fuel producers with the same question: What will OPEC do?
The US crude benchmark has posted three weekly losses in a row, falling as much as 20% below its September peak, before settling on Friday at $77.17 a barrel. However, the market is showing signs that some traders are promising that the decline will continue.
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