OPEC: From “Increasingly Irrelevant” To Ultimate Market Mover ...Middle East

OILPRICE - Economy
OPEC: From “Increasingly Irrelevant” To Ultimate Market Mover
source : OILPRICE ( Middle East ) () 14
The oil world is waiting with bated breath to learn what, exactly, OPEC and its partners in production curbs will decide at their meeting in Vienna this week. The oil-producing cartel is giving everyone a run for their money, with final decisions delayed because of internal disagreements.  The future of oil prices hangs in the air, and OPEC is once again calling the shots. A few years ago—in 2014, to be precise—the Financial Times published an opinion piece by Nawaf Obaid, a fellow and associate instructor at the Belfer Center…

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