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OPEC News: Collapse of the Cartel Is Near
There's more OPEC news today after the 12-nation oil cartel announced again that it will not be cutting production in the face of falling oil prices.
According to Money Morning's Global Energy Strategist Dr. Kent Moors, these actions will spell the end of the cartel. You see, OPEC is fighting a battle it simply can't win.
Here are the three major reasons we're about to see the end of OPEC...
There's more OPEC news today after the 12-nation oil cartel announced again that it will not be cutting production in the face of falling oil prices.
According to Money Morning's Global Energy Strategist Dr. Kent Moors, these actions will spell the end of the cartel. You see, OPEC is fighting a battle it simply can't win.
Here are the three major reasons we're about to see the end of OPEC...