Download This PaperOPEC Likely to Keep Pumping Despite Budget Woes of Some Members
4 Pages Posted: 29 Mar 2016
Date Written: 2015
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.
Suggested Citation: Suggested Citation
Stuermer, Martin and Dhaliwal, Navi, OPEC Likely to Keep Pumping Despite Budget Woes of Some Members (2015). Southwest Economy, Vol. 11, Issue Q4, pp. 16-19, 2015, Available at SSRN: https://ssrn.com/abstract=2755922
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