Market share decrease outweighed by increase in oil prices
OPEC may be better off since its recent cuts, with revenues up since cuts were implemented, according to a release by Baird Equity Research.

OPEC originally rejected any output cuts, choosing at the beginning of the downturn to focus on preserving and increasing market share. This decision was eventually reversed, and production cuts were agreed to.
Saudi Arabia cuts beyond pledged levels
OPEC’s production cut, announced last November, has been successfully implemented, most analy...


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