Tag: OPEC

By Asad Mirza @AsadMirzaND A recent bill approved by a US Senate committee, may empower the US administration to take action against the errant OPEC members, who are not ready to tow the US line on international oil prices. 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...