The Real Reason OPEC Talks Broke Down
Authored by Cyril Widdershoven via OilPrice.com,
Major cracks appear to be forming in the OPEC+ alliance. After several years of unprecedented cooperation between OPEC members and non-OPEC producers, the growing regional economic and power conflict between Saudi Arabia and Abu Dhabi is threatening the arrangement.
While much of the analysis of the recent OPEC+ disagreement has focused on why the UAE refused to commit to the new export plan,...