Organization of Petroleum Exporting Countries proposals to roll over production agreements for the second time this year are keeping OPEC locked in the grip of completely unrealistic quotas. That's the view of London's Centre for Global Energy Studies, which attributes recent heavy slides in oil prices largely on OPEC's inability to tailor its production to demand. OPEC is seen as unlucky in that weaker than expected demand combined with a possible resumption of Iraqi oil exports to

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