Major Shift In Global Oil Flows Bad News For The OPEC Deal?

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Oil prices have been struggling to rise beyond the low $50s per barrel. Not helped by news this week that Libya’s production has hit a 3-year high at 715,000 barrels per day — and is expected to rise to 1.25 million b/d by end-2017. And the crude market may have an even bigger problem looming. Russia.…