OPEC’s Withholding Taxes Oil Majors


OPEC’s Withholding Taxes Oil Majors
— Liam Denning
The Wall Street Journal Europe
Jun 12 2014

Business lore holds that you can’t cut your way to prosperity. Apparently, no one told OPEC. In December, at its last general meeting, the Organization of the Petroleum Exporting Countries faced a rush of rising oil supply from Libya, Iraq, Iran, and…read more…

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