The price of oil has been caught in one of its most volatile couple of weeks in months after OPEC and rival Russia hinted they may discuss a possible output freeze, as demand slows and a global surplus becomes more entrenched. The Organization of the Petroleum Exporting Countries and Russia meet on the sidelines of the International Energy Forum in Algiers in two weeks’ time. The pressure is mounting on both sides to not only freeze output, but possibly even cut it. (For a graphic on OPEC vs non-OPEC output click tmsnrt.rs/2ctYZNY ) Whatever the rival factions decide, one producer has managed to top them all in terms of production growth over the last five years and will never be likely to join in any group efforts to control supply. And that is the United States. Since […]