{"id":46937,"date":"2014-11-18T18:00:20","date_gmt":"2014-11-18T18:00:20","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wsj_falling_oil_prices_test_opec_unity\/"},"modified":"2014-11-18T18:00:20","modified_gmt":"2014-11-18T18:00:20","slug":"wsj_falling_oil_prices_test_opec_unity","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=46937","title":{"rendered":"(WSJ) Falling Oil Prices Test OPEC Unity"},"content":{"rendered":"<p>\u201cThe upcoming OPEC meeting is going to be the most difficult one during this century,\u201d\u009d said Mohammad al-Sabban, a former senior adviser to Mr. Naimi. \u201cIt seems that OPEC has forgotten how to cooperate.\u201d\u009d<\/p>\n<p>Within the group, officials are increasingly worried its divisions contribute to weaker prices. \u201cIf OPEC fails to reach an agreement,\u201d\u009d one OPEC official said, \u201coil prices will keep on falling&#8230;.\u201d\u009d<\/p>\n<p>A collective move to cut output could boost prices, but it would also rob OPEC members of revenue. It is unclear how long such vulnerable OPEC economies as Venezuela and Nigeria could afford to limit production without reopening the spigots.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/articles\/falling-oil-prices-test-opec-unity-1416188605\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe upcoming OPEC meeting is going to be the most difficult one during this century,\u201d\u009d said Mohammad al-Sabban, a former senior adviser to Mr. Naimi. \u201cIt seems that OPEC has forgotten how to cooperate.\u201d\u009d Within the group, officials are increasingly<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=46937\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,50,202,582,589,149,140,168,144,119,133,203,151,208,34,310],"tags":[],"class_list":["post-46937","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-international-news-commentary","category-africa","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-energy-natural-resources","category-ethics-moral-theology","category-foreign-relations","category-globalization","category-history","category-middle-east","category-politics-in-general","category-south-america","category-theology","category-venezuela"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/46937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46937"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/46937\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}