22 January 2015, Davos, Switzerland – The Organisation of the Petroleum Exporting Countries, OPEC, defended on Wednesday its decision not to intervene to halt the oil price collapse, shrugging off warnings by top energy firms that the cartel’s policy could lead to a huge supply shortage as investments dry up. The strain the halving of […] More »
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Thursday, 22 January 2015
OPEC, oil companies clash at Davos over price collapse
22 January 2015, Davos, Switzerland – The Organisation of the Petroleum Exporting Countries, OPEC, defended on Wednesday its decision not to intervene to halt the oil price collapse, shrugging off warnings by top energy firms that the cartel’s policy could lead to a huge supply shortage as investments dry up. The strain the halving of […] More »
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