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Divisions within OPEC as oil prices collapse below $40 a barrel

Geoff Riley

11th December 2015

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Divisions within OPEC are emphasised in this discussion between two FT journalists. Oil prices have slumped below $40 per barrel and the last OPEC meeting broke up without agreement with member nations effectively dropping any attempt to negotiate an output ceiling for the producer cartel.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.