"OPEC Unity Shattered as Saudi-Led Policy Leads to No Limits"

"OPEC has abandoned all pretense of acting as a cartel. It’s now every member for itself. At a chaotic meeting Friday in Vienna that was expected to last four hours but extended to nearly seven, the Organization of Petroleum Exporting Countries tossed aside the idea of limiting production to control prices."

Source: Bloomberg, 12/07/2015


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