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OPEC ‘powerless to prevent’ oil prices jumping toward $100 a barrel this year

OPEC ‘powerless to prevent’ oil prices jumping toward $100 a barrel this year

OPEC king­pin Sau­di Ara­bia is ill-equipped to pre­vent a sup­ply shock in the ener­gy mar­ket, ana­lysts told CNBC on Mon­day, as oil traders pre­pare for the pos­si­bil­i­ty of $100 a bar­rel before year-end.
Source: CNBC RSS

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