How OPEC Plans To Keep Rogue Oil Producers In Check

OPEC’s “whatever it takes” strategy has so far meant that Saudi Arabia would make additional production cuts where non-complying members failed. Some members are banking on OPEC employing that strategy again, and are using it as negotiating leverage.  This time around, though, the Saudis might not play big brother to their OPEC brethren.  The new threat is that compliance will have to be real this time around–from all members–or the cuts won’t happen at all. How successful OPEC will be in getting its noncompliant members to step…