$40 Oil Looms Over OPEC's Next Meeting

All 30 analysts surveyed see OPEC policy unchanged on Dec. 4
Saudi strategy taking effect even as other members protest

How Shale Oil Is Disrupting OPEC

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By Grant Smith and Mark Shenk

November 23, 2015 at 7:01 PM EST

Updated on

November 24, 2015 at 3:45 AM EST

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It’ll take more than $40 crude to make OPEC change its mind, analysts said before the group’s Dec. 4 meeting in Vienna.

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