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Posted by EconMatters

With a team of analysts, we at EconMatters focus on identifying the fundamental theories of cause and effect in the financial markets that matters to your portfolio.

OPEC Is Fighting Over 200,000 Barrels Per Day! (Video)

by EconMatters on November 29, 2016

in Commodities, Economy, Videos

By EconMatters

So let me get this straight a $1 difference in the oil price means an additional 1 Billion extra to Iran and Iraq`s annual oil revenue and they are fighting over a measly 200,000 barrels per day oil production delta. OPEC has to be the most incompetent organization on the face of the earth! Split the freaking difference people, and move on!!

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