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How ISIS attacks could affect Saudi oil production

Market watchers should be looking for any indication that Saudi Arabia will stop "punishing" Russia and Iran in oil markets if last week's terror attacks on Paris lead to a deal to stabilize Syria, Again Capital founding partner John Kilduff said Monday.

Saudi Arabia has led OPEC in a policy of keeping oil production steady despite a global glut that has sent crude prices spiraling more than 60 percent since last year. In the past, OPEC has cut output to prop up prices, but its members have opted to defend market share, putting pressure on other...


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