Energy in the 21st Century NEWS SERVICE

Can OPEC still control the oil market? (video)

E21NS  E21NS  E21NS  E21NS  E21NS March 27, 2017 Al Jazeera | Middle East | fossil fuels: prices

E21NS

Analysts discuss the state of oil with presenter Hazem Sika after OPEC and non-OPEC ministers met to discuss regulating prices given unlimited U.S. shale oil. In the last decade, prices have fluctuated between $30 to $145. OPEC will cut production by 1.2 mbpd and non-OPEC producers by .6 mbpd to keep prices at around $50. [24:49]

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