What will oil autocrats do now to keep power?

FORBES | When most of the world’s oil producers seemed to reach a headline-grabbing production deal before the Asian markets opened for the week, the hope was that a price recovery was on hand. The oil ministry of Nigeria even put a number on the forecasted recovery, saying, “this will enable the rebalancing of the oil markets and the expected rebound of prices by $15 per barrel in the short term.” Now that markets have seen more and digested the contents of this deal, it seems they are unimpressed.

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