Analysis OPEC: The Monster That Never Was

Qatar’s decision to leave the cartel shows how little power the once-feared organization actually has over the oil market

David Rosenberg

Dec 03, 2018 6:07 PM

There was a brief, fleeting moment 45 years ago when OPEC seemed to rule the world. As the Yom Kippur War was raging, the cartel’s Arab member states imposed an oil embargo on the United States and a handful...

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