Economist: OPEC ended and no longer has a global impact or regional

Economist: OPEC ended and no longer has a global impact or regional

Date: 04/09/2015 18:28

Economist - OPEC ended and no longer has a global impact or regionalInformation / special / ..
said economist Dr. Mohammed Dargham, on Thursday, OPEC ended organization no longer has TaĂșar regional or global, pointing out that the United States is controlled by the moment.
He Dargham told / information /, “The OPEC no longer has its decisions have diminished its impact on the global oil market recently, “noting that” the oil-producing countries and all Tktalatha in the organization failed to reduce exports in order to raise prices after the great landing. ”
He added that “American influence reached the strategic decisions and the task taken by OPEC, but the US dictations States and allied countries are becoming of implementing “pointing out that” the organization has ended according to the economic norms no longer has an influential decisions regionally and globally. ”
OPEC, which pumps about a third of the world’s oil, with an output currently below the threshold of 31 million barrels per day. Experts say that cut production by one million to 1.5 million barrels per day can stop the fall in prices, but it will not be enough to re-pay the price up.
It is noteworthy that OPEC was founded in Baghdad in 1960, by Saudi Arabia, Iran, Iraq, Kuwait, Venezuela, based in Viena.uadd current members of the Organization of twelve member of the six in the Middle East and four in Africa and two in South America and the Member States in this organization and owns 40% of global output and 70% of world reserves of Naft.anthy / 25 K

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