What is OPEC? | CNBC Explains What happened to 1MDB's money? 1 day ago   03:56

CNBC International
The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains.

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Comments 26 Comments

Bala
What is gold and silver age
Marience Osotsi
links read my coments as Marience Osotsi Marience Osotsi 1 second ago
https://up-tube.com/upvideo/YevnJR7NYIb&g=24f

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دخيل السبيعي
It was special assignment on bitchiest honor to impeached in stealing in critical condition after met her at khober Court yard , not seen here ,makkak mosque mentioned that in second time to protect what heard ..in real estate mortgages lands or bites to alliances to alsaud doors . portions investigation requested
Prakhar Gandhi
Absolutely Brilliant
voice Lovers
대기고
Brock McClain
Renewable energy is the future, and ironic enough, china the so-called tyrant of the world, is the leading on this field.
I hate to admit but by the end of 2030. China is gonna be the next-super power, and it will only go up....
Time to learn Mandarin, guys!
Noir Keleb
Qatar aint there anymore....
Justice
OPEC and other oil producing countries are just a joke now. Oil prices is so low at $52 and yet they still sell their remaining precious resources. That shows how weak, stupid and desperate these oil producers are. Destine to be abused by the industrial world! Soon one by one, they will be bankrupt and taken over by US ! If I am Qatar, I would have left this crippled OPEC long ago.
제주작심
대기.
distorsy band
migas export inport world.
distorsy band
java global
Geethanjali balaji
if dependency on oil reduces .. then we can lead better life on earth.
Will & Sam Clark
Great vid. Very informative.
Raja King
Across the world oil prices surge...opec sleeping...
Harsono Setiono
"The Stone Age didn't end due to lack of stone, and the Oil Age will end long before the world runs out of oil."
Chuck Gates
Bicycles public transpotation walking
Hassan mahamoud
Oil
Atipat12
🤣🤣🤣🤣🤣🤣🤣
John L.
United States or some other world government body (UN, NATO...) should have prevented OPEC from having a monopoly control over oil prices.
Johnny Angel
I hope Im still alive when the time comes that we're more dependent on renewable energy than fossil fuels.
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What happened to 1MDB's money? What is OPEC? | CNBC Explains 1 day ago   05:51

Malaysia's sovereign wealth fund 1MDB was meant to boost the country's economy, but it racked up huge debts instead. CNBC's Xin En Lee follows the money.

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