Remove Cheap Remove International Remove Kuwait Remove Price
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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Fossil-fuel exporters rush to produce as much as they can, despite falling prices and constraints on trade.

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