OPEC
 
Balance Of Gulf Production Power Shifts
 
  1. The past three and half years have seen Gulf producers maintain their dominant position within OPEC, providing around 70% of the organization’s production. But there have been some dramatic shifts among Gulf exporters, that if sustained, will have long-term consequences for their relative power within the producer group.
 
Iran’s percentage of OPEC production – almost 13% in the first...