| OPEC won’t be able to agree with other oil suppliers on decreasing oil prices, as there is no trust between the sides, and each of the parties will play by its own rules, believes Svyatoslav Pavlyuk, a Ukrainian expert on energy efficiency.
Pavlyuk, who heads the Kiev office of the ‘Energy Efficient Cities of Ukraine’ Association, told Trend Feb. 2 that oil producers began to supply oil at low prices in order to take additional market segments. “Thus, market shares have been violated, and other oil suppliers will fight for them by reciprocally lowering the prices,” added Pavlyuk...............................................Full Article: Source
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