Bernstein analyst:Economic crisis may see end of OPEC

摘要

OPEC may be on the verge of a major meltdown itself,according to Bernstein Research senior ana-lyst Neil McMahon."We believe the extreme differences within OPEC could tear the organization apart in the near term,leading to Saudi Arabia pursuing a more moderate course with a few others,while the hawks(Venezuela and Iran)focus on self preservation,"McMahon says."Maybe the cartel will remain in name,but its influence as a group could soon be called into question."