OPEC Days Numbered?

The days of the Organization of the Petroleum Exporting Countries (OPEC) could be numbered, according to a new report from the World Bank. It claims the cartel of oil producers is losing its influence on global prices due to changing market conditions and technological advances.

Mar 12, 2015

The days of the Organization of the Petroleum Exporting Countries (OPEC) could be numbered, according to a new report from the World Bank. It claims the cartel of oil producers is losing its influence on global prices due to changing market conditions and technological advances. RT asks economist Max Fraad Wolff about the predictions.

 

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