IEA agrees: OPEC's discipline is fraying
May 15, 2009 1 min. read

The International Energy Agency is now wondering what we had discussed earlier in the week: OPEC’s discipline is fraying. The Agency believes that OPEC members are beginning to cheat because oil prices have risen from $32 earlier this year in part due to OPEC’s coordinated cuts. However, when prices are $60 a barrel, discipline is […]

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