Schork: We're Seeing the Death of the OPEC Cartel

The transcript discusses the future of OPEC, highlighting the internal divisions and challenges it faces. It suggests that OPEC may transition from being perceived as a cartel to a more legitimate producer group, similar to its relationships with Russia and the USA. The discussion also touches on the internal chasms within OPEC, such as the Sunni-Shia divide and economic disparities, which may lead to a realignment of interests among member countries.

What does the term 'Randian nightmare' refer to in the context of Venezuela?

In what ways are the producing countries within OPEC diverging?