Comment on Arthur I. Cyr: Petroleum power is shifting our way

Arthur I. Cyr: Petroleum power is shifting our way

The days when global oil production was symbolized by Arab states are gone, and important contemporary events confirm a new reality. In mid-April, governments of major oil producing nations failed to achieve agreement on cutting back their production.Representatives of the Organization of Petroleum Exporting Countries (OPEC) met in Doha, Qatar to negotiate collective production goals.

 

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