Saudi think-tank studying possible breakup of OPEC

The Saudi Government-funded think tank is studying the potential impact this move would have on the oil market.

The Wall Street Journal has reported citing sources familiar with the matter at hand as saying, a top government-funded think tank in Saudi Arabia is studying the potential impact on the oil market if OPEC was to be broken up.

One of the potential outcomes of this move, which is likely to be in line with Washington’s current approach to Iran, would be a deepening of its economic isolation.

The research project doesn’t reflect an active debate inside the government over whether to leave the Organization of the Petroleum Exporting Countries in the near term, reported the WSJ,

OPEC was not immediately available for comment.

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Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, Strategy

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