Desperate times call for desperate measures. And when things no longer work, you throw them out. OPEC may be just that desperate, and perhaps it is now willing to throw out its tried and trusted strategies of yesteryear when the oil industry was merrily rolling along. With its member economies reeling from the lower-for-longer oil prices, OPEC has been publicly trying to get its members all on the same page on just how to lift crude prices, and even lobbying for support from non-OPEC producers to join the efforts to stabilize the oil markets. But with some OPEC members reluctant to participate, is the old OPEC go-to solution to have Saudi Arabia do all the cutting still on the table for consideration? Just three weeks before the November 30 meeting, where members are expected to discuss the details of a production freeze or cut, OPEC published its 2016 World […]