OPEC Likely to Keep Pumping Despite Budget Woes of Some Members

4 Pages Posted: 29 Mar 2016

See all articles by Martin Stuermer

Martin Stuermer

Federal Reserve Bank of Dallas, Research Department

Navi Dhaliwal

Federal Reserve Banks - Federal Reserve Bank of Dallas

Date Written: 2015

Abstract

Low oil prices are hurting OPEC countries’ budgets. However, differences in their ability to cope with depressed prices have increased the likelihood that the cartel will keep on pumping, creating further downside risks to prices and Texas oil producers.

Suggested Citation

Stuermer, Martin and Dhaliwal, Navi, OPEC Likely to Keep Pumping Despite Budget Woes of Some Members (2015). Southwest Economy, Vol. 11, Issue Q4, pp. 16-19, 2015, Available at SSRN: https://ssrn.com/abstract=2755922

Martin Stuermer (Contact Author)

Federal Reserve Bank of Dallas, Research Department ( email )

2200 N. Pearl St
Dallas, TX 75201
United States

HOME PAGE: http://https://sites.google.com/site/mstuermer1/

Navi Dhaliwal

Federal Reserve Banks - Federal Reserve Bank of Dallas

2200 North Pearl Street
PO Box 655906
Dallas, TX 75265-5906
United States

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