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Waning influence of OPEC+ in spotlight as prices flag
[Article] L'efficacité et l'unité de l'OPEP remises en cause.
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Waning influence of OPEC+ in spotlight as prices flag.London (AFP) - Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.Moreover, the OPEC+...
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The expansion of OPEC has proved to be a double-edged sword for the cartel as it means decision-making has become more difficult, according to Swissquote analyst Ipek Ozkardeskaya © AFP/File JOE KLAMAR