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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Can we still call OPEC a cartel?
 Ali, Dalia ; Stroukal, Dominik (advisor) ; Prokop, Jaromír (referee)
This paper raises the question whether OPEC actually acts like a cartel, given the fact that there were many controversy surrounding the organization due to its coordination failures, which resulted to an oil glut between 2014-2016. Consequently, the oil industry experienced a dramatic decline in oil prices due to the oil surplus. A comparison was made between OPEC's allocated quotas, and its actual oil production to investigate whether the members of the organization adhere to the assigned quota, to achieve highest possible prices.
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