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RE: Could the OPEC oil market be weakened by the drop in oil prices?

in Project HOPE4 years ago

I certainly do not think that we should think of OPEC as a market weakened only by the fall in oil prices, these scenarios are a constant possibility and this organization should be prepared to handle them, what is important is to consider the agreements on climate change, I think that these would pose new schemes that will require a strengthened OPEC to face new realities.

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As you say friend @emiliomoron, OPEC is a strengthened market that will have to face new scenarios in which reinventing new models will be the success in the future for this market.

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