OPEC likely to keep pumping despite budget woes of some members

Navi Dhaliwal and Martin Stuermer

Southwest Economy, 2015, issue Q4, 16-19

Abstract: Low oil prices are hurting OPEC countries? budgets. However, differences in their ability to cope with depressed prices have increased the likelihood that the cartel will keep on pumping, creating further downside risks to prices and Texas oil producers.

Date: 2015
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