KAPSARC study concludes OPEC+ efforts to stabilize market cut price volatility by 50%

KAPSARC study concludes OPEC+ efforts to stabilize market cut price volatility by 50%

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RIYADH: OPEC+’s management of spare capacity reduced crude oil price volatility by up to 50%, both before and during the COVID-19 pandemic, according to a new study published by King Abdullah Petroleum Studies and Research Center (KAPSARC) in the Energy Journal. The study “Oil Market…

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