Opec weakened by internal turmoil

January 10, 2008 | 00:00

Opec weakened by internal turmoil

The future of the Organization of Petroleum Exporting Countries (OPEC) has become unclear. The oil cartel is suffering from growing internal strains which may threaten its future. In particular the crash of the dollar is undermining the dominant position of ‘moderate’ member Saudi Arabia and strengthening the lobby of ‘price hawks’ Iran and Venezuela.

Attachment
eer2/42-43.pdf
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