is opec facing an existential crisis?

Saudi-led OPEC+ production cut strategy is still in place, and it's successful due to the negative repercussions of the sanctions on Iran and Venezuela. ... The main difference will be that Tehran has lost much of its OPEC powers, due to the departure of Qatar and the implosion of..

opec in a changing world

OPEC's embargo was hailed at the time as the victory of 'Third World powers to bring West to its knees... ... For OPEC members who see U.S scaremongering about OPEC serves purpose it maintains the myth of OPEC's importance and keeps Western diplomats and policymakers..

will opec dare to challenge trump?

Any decline in Gulf countries could weigh in the relationship between the region and Washington while Donald Trump has stepped up several times to oppose such initiative of OPEC + group. His last statement on this issue is on Wednesday, with the US president saying on Twitter Hopefully..

oil edges lower ahead of opec meeting

committee of OPEC and its allies, including Russia, agreed on the need to cut oil in 2019, adding that volumes and the baseline for cuts were being debated.. ... OPEC wants to avert in global oil inventories like the one that sent prices from late 2014 into slump that brought Brent to..

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