As if OPEC had an easy job to do in trying to get its own 14 members on the same page about its policies, another major unknown entered the global oil supply equation – potentially making the cartel’s short-term decisions irrelevant — after Donald Trump won the U.S. presidential election. The surprise Trump victory and his still unclear stances on many issues -including the Middle East and protectionist policies – are currently leaving the oil observers guessing what a Trump presidency would mean for the crude oil prices and for OPEC’s policies and relevance as a factor in the global oil supply and prices. Even if in three weeks’ time OPEC manages to clinch a deal on limiting production, oil prices will not “go up much more than the current levels,” an OPEC source told Reuters on Wednesday. So OPEC’s possible deal might not be able […]