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The Beginning Of The End For The OPEC Block

AFRICANGLOBE - October 2013 marked the 40th anniversary of the oil embargo launched by the Organisation of the Petroleum Exporting Countries (OPEC) after the Yom kippur War. Just as the event sent shockwaves through the world economy in 1973, the rise of shale gas and tight oil in the US and elsewhere is now creating an impact of similar magnitude in the oil world.
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