| Should the 169th OPEC meeting held earlier this month be its last? As former British Prime Minister Winston Churchill said, "To improve is to change; to be perfect is to change often."
For Saudi Arabia and the remaining Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar and United Arab Emirates), which together account for around 40 percent of the world's oil reserves and the lion's share of OPEC's collective output, their future oil strategy should be an exclusively GCC affair, away from the stress and dysfunction of OPEC...............................................Full Article: Source |