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Stuff - Ed's journal
sobrique
sobrique
Stuff
Well, the one that caught my eye recently was this:
http://blogs.moneycentral.msn.com/topstocks/archive/2008/09/11/the-death-of-opec.aspx

http://www.nytimes.com/2008/09/11/business/worldbusiness/11oil.html?_r=3&adxnnl=1&oref=slogin&ref=business&adxnnlx=1221131040-KOS/e6DE0gSZ3H0lkcDcLw&oref=slogin&oref=slogin

Namely, Saudi Arabia 'breaking free' of OPEC.

Interesting development I feel.
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(Deleted comment)
jorune From: jorune Date: September 15th, 2008 08:04 am (UTC) (Link)
I wonder what the Russian response will be?

Is in their interest to join OPEC or watch from the sidelines? To what extent is Venezuela playing the role of their proxy?

While Moscow may have won the recent conflict in South Ossetia the Moscow markets have slumped as investors have withdrawn funds. A higher oil price would probably work to their advantage.
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