Playing Chicken at OPEC

hqdefaultThe upcoming meeting of OPEC member states on June 2 will generate lots of discussion about the current slump in global oil prices. What it probably won’t do is yield any action to reverse it. For the time being, the animosity between Iran and Saudi Arabia seems to be too deep-seated to accommodate any change in global production levels. I review this upcoming meeting for The Mark News, read it here.

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