Tue, Mar 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Regulatory more

OPEC loses its muscle

Posted on 22 December 2008

From Businessweek.com: Despite its bluster about cutting production, the cartel has been unable to marshal its members to halt oil’s sliding price.

Why is OPEC’s reputation taking such a hit? The market views it as having let things get out of control when prices were surging. Now the cartel can’t seem to contain a downward slide, either….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39476 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031