In its entirety, OPEC's vision and mission is to coordinate and unify the petroleum policies and its member countries and ensure the mobilization of oil markets with the notion off securing an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for bodies investing in the petroleum industry.
Given the premises above, however, to put it point -blank, it practically seems OPEC and her fourteen member countries can't regulate the prices of oil anymore. The super powers, you will agree with me, have taken over.
Nigeria, a country that produces nothing less than 1,999,885 barrels of oil per day, more than Spain, Japan, France, Netherlands, Italy and Australia combined , has got two choices: withdraw from producing for all and becoming fixated with other economy- boosting sectors, say Agricultural, or stay and follow the swing and see where it leads.
What do you think?