23.06.2014 - Will OPEC's Geo-Political Crackup Put Russo/Iranian Alliance into Global Oil Driver's Seat?
The lightning-fast econo/political changes impacting the world's oil alliances have critically undermined the solidarity of OPEC, while strengthening the new Russo/Chinese/Iranian block against the U.S./Canada/Mexico (NAFTA Alliance) and a weakening Saudi Arabia. While the Saudis and Russia still represent the world's only potential exporters of near 10 million barrels of oil per day, most OPEC members are in varying stages of disarray, preventing their adequate supply of the world's oil needs. In fact, the runnerup OPEC suppliers, counted on to deliver one-third of the world's energy requirements are on the verge of internal collapse...............................................Full Article: Source
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