As energy analysts closely watch for any clues emerging from Vienna, where OPEC is set to meet on December 4, global oil markets remain stubbornly oversupplied. Last year, OPEC surprised the world by leaving its output quota untouched amid rapidly growing global supplies, a decision that sent oil prices spiraling downwards. As the group’s strategy became clear, there were fewer surprises in the follow up meeting in June 2015. This time around, however, while an about-face is not expected, given Saudi Arabia’s determination to see its course of action through, there will at least be a lot more debate and protest from ... (full story)