The New Oil Cartel Threatening OPEC
Green Car Congress
JULY 6, 2018
The two countries, after all, account for a combined 17 percent of global oil consumption and they are the ones that would be the hardest hit if prices rise as a result of OPEC’s actions. What’s more, they might not be alone in this attempt to curb OPEC’s clout on the global oil market. Europe could help and benefit from it.
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