OPEC's Oil Cartel
Who really controls the price of oil globally?
4.6 (35)
35 mins
Discover the intricate world of oil politics and how global powers, led by OPEC, influence prices and production. Explore the historical rise of oil-producing nations reclaiming control from western companies and the challenges they face in stabilizing supply while navigating global demand.
Ep 1:
The Cartel That Rewrote Power
Before OPEC, seven corporate giants controlled the world's oil—until 1960, when a handful of nations rose up to seize control of their own destiny.
Ep 2:
Cheap Gas, Costly Contradictions
Inside OPEC's strange paradox: nations sitting on oceans of oil yet crippled by cheap subsidies, mismanagement, and a Russian rival quietly filling the gaps.
Ep 3:
Shale Wars and Secret Numbers
OPEC crushed America's shale boom by flooding markets—but behind the scenes, inflated reserve numbers and hidden depletion threaten the cartel's entire foundation.
Ep 4:
Oil's Uneasy Future
Can a fractured, dysfunctional cartel keep steering the world's most vital resource? OPEC's legacy of stability faces its toughest test yet.
Discussions (12)
Bradford
Level 4 · 10 mo agoFunny how they fake stats
Roger
Level 10 · 9 mo agovenezuela faking reserves
Harper
Level 5 · 9 mo agoIt’s basically a group project where the Saudis do the work and everyone else cheats. Classic.
