End Game

Summary
The end may be nigh for Opec and Saudi inactivity. Saudi King Abdullah signaling $75/bbl as a "fair price" for crude in December 2008 has widely been cited as a pivotal factor behind the revival in oil prices early last year, and the remarkable stability in prices since August 2009.�Front-month Nymex WTI and ICE Brent have tended to bounce between $65 and $85/bbl since that time.

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