• Type General news
  • Date 8th April 2020

KAPSARC: Disruption Too Big for OPEC to Rebalance Market Alone

Asharq Al-awsat

The King Abdullah Petroleum Studies and Research Center (KAPSARC) revealed that the global oil market is going through an extraordinary period, which requires greater international cooperation.

The scale of the current disruption is too big for the Organization of the Petroleum Exporting Countries (OPEC) to rebalance the market alone, it said in a study published recently.

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