Shale Boom Curbs OPEC’s Grip as Saleri Sees $120 Oil Cap

Bloomberg • June 11, 2013 • by Wael Mahdi

Dr. Nansen Saleri speaks to Bloomberg about a post-OPEC world. Technological advances in the extraction of unconventional resources will create a global shift in oil supplies. Different players will serve interdependent roles in the import and export of oil as global markets become more interactive. We’ve already entered an era that’s not OPEC-centric anymore.