Everyone Seemed to Miss the Mark On Oil's Plunge

Everyone Seemed to Miss the Mark On Oil's Plunge
AP Photo/Hasan Jamali, File

The world isnâ??t going quite the way Saudi Arabia expected when it led OPEC to declare a pricing war against US shale drillers last year by flooding the market with crude oil. Far from being a quick kill, shale drillers have stubbornly held on, and OPEC has suffered along with them.

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