OPINION/SPECIALS OPINION/COMMENTARY

No OPEC Or A New OPEC? (Opinion)
International Opinion/Commentary 11:25 AM

No OPEC Or A New OPEC? (Opinion)

After working on devising methods to counter moves by OPEC (Organisation of the Petroleum Exporting Countries), the largest consortium of oil producing nations across the globe, over the last two decades considered detrimental to the US interests and having failed several times, the US lawmakers have at last succeeded in bringing about a legislation, which could effectively counter the OPEC hegemony and any challenge to the American authority on global issues.

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