Can OPEC still control the oil market? – Inside Story скачать в хорошем качестве

Can OPEC still control the oil market? – Inside Story

The discussion was in Kuwait but its outcome could affect the whole world. Oil producing countries are considering further cuts in output to try and force prices higher. Ministers from both OPEC and non-OPEC countries met in Kuwait City on Sunday. They reviewed progress on the six month production reduction agreement in December. They're due to meet again in April to decide if they want to extend that deal. Kuwait, Iraq and the United Arab Emirates all expect further production cuts. Will the price of oil rise further? And how badly is OPEC being hurt by shale oil from the United States? Presenter: Hazem Sika Guests: Abdullah Baabood, Director, Gulf Study Center at Qatar University. Cornelia Meyer, Energy expert. John Sfakianakis, Former Chief Economic Advisor, Saudi Ministry of Finance. Subscribe to our channel: http://aje.io/AJSubscribe Follow us on Twitter:   / ajenglish   Find us on Facebook:   / aljazeera   Check our website: http://www.aljazeera.com/