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re: Oil Wars: Why OPEC Will Win
Posted on 12/15/14 at 11:54 pm to htownjeep
Posted on 12/15/14 at 11:54 pm to htownjeep
Isn't'the this less OPEC and more the haves in OPEC like Saudi and the small gulf states who can afford to run in the red for a while and the have nots like Iran, Libya and Venezuela who are. 90% dependent on oil revenues and already are running deficits?
Certain OPEC nations have the appetite for lower prices while others would be screwed.
Certain OPEC nations have the appetite for lower prices while others would be screwed.
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