OPEC
Uncertain Fundamentals Threaten To Ambush Projections
OPEC ministers will have to contend with a series of challenges when they meet in December as they contemplate the impact of soaring US-led non-OPEC oil production and an anticipated slump in demand for OPEC oil in 2014.
The most urgent issue for OPEC is how to manage production policy in the face of soaring oil production from North America, which is eroding OPEC’s market share. This led to negative...
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