Energy Quote of the Day: ‘We Refuse that OPEC Bears the Responsibility’
By Edward Dodge
Saudi
Arabia’s oil minister, Ali al-Naimi, recently said again that OPEC will
not take sole responsibility for supporting global oil prices. Since
the collapse in oil prices this past year, OPEC has attempted to
convince non-OPEC oil producers to cooperate on production and prices,
but with little success. “Today the situation is hard. We tried, we
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