What the Media Missed: OPEC's Toothless Deal to "Cut" Oil Production
"OPEC has had virtually no impact on how much oil its members produce. While it sets quotas, its member countries cheated about 96% of the time from 1982 to 2009.That's according to a study by Brown University professor Jeff Colgan."
https://app.hedgeye.com/insights/55...thless-deal-to-cut-oil-production?type=policy
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