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Breakingviews TV: Out of OPEC

Wednesday, October 02, 2019 - 04:05

Oct 2 - Ecuador is leaving the 14-country bloc to increase oil revenue for its struggling economy. As one of the group’s smallest members, its exit might not seem that impactful. But Anna Szymanski explains it’s another signal to Saudi Arabia and the rest that OPEC’s power is fading.

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Oct 2 - Ecuador is leaving the 14-country bloc to increase oil revenue for its struggling economy. As one of the group’s smallest members, its exit might not seem that impactful. But Anna Szymanski explains it’s another signal to Saudi Arabia and the rest that OPEC’s power is fading.

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Breakingviews TV: Out of OPEC

Wednesday, October 02, 2019 - 04:05