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The critical moment for oil will be the announcement after OPEC's meeting. If OPEC doesn’t reach a deal — a real possibility — then oil prices will plummet. The Drop-Dead Date for Oil May 12, 2017 by Matt Badiali Oil The critical moment for oil will be the announcement after OPEC's meeting. If OPEC doesn’t reach a deal — a real possibility — then oil prices will plummet.

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