It is no surprise that OPEC has had extreme difficulty coordinating a response to the latest price drops in the oil market. OPEC as a political and economic organization has largely been unable to achieve its central goals since inception in 1960.
It is no surprise that OPEC has had extreme difficulty coordinating a response to the latest price drops in the oil market. OPEC as a political and economic organization has largely been unable to achieve its central goals since inception in 1960.