Inside Story – Who’s really benefiting from low oil prices?


Al Jazeera English

Published on Dec 21, 2014

As oil prices fell, many expected OPEC members to lower their production in an effort to boost prices – but they didn’t. And analysts now say it is part of a long term strategy by OPEC’s most dominant member, Saudi Arabia, to keep its market share and push out competitors.Join Inside Story as we take a look at how the world’s biggest oil producers are using low prices, to keep their domination of the market.

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