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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Opec's agony is many others' salvation
The Saudi oil minister, Ali al-Naimi, was fairly emphatic yesterday: A price war with non-Opec producers? 'Absolutely not.' But it is becoming clear that the mainly Middle East-based oil cartel has effectively lost control of a crude market where the price of Brent blend plunged 9% to under $19 a barrel.
News Item details
Websites:
http://www.guardian.co.uk
Countries: Saudi Arabia -
Organisation: OPEC
Subjects: Information technology, Oil
