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Without alliance with Russia, OPEC is powerless - ex-CEO of Eni RT — SophieCo

The failure at the Doha talks that were supposed to help put an end to oil price crisis showed to the whole world how divided the OPEC is. The agreement, that seemed to be almost there, was shattered, undermined by a longstanding Saudi-Iran rivalry. Now, with a consensus once again pushed back, will the oil producers be able to find common ground? Why Saudi Arabia is putting its own economic wellbeing on the altar of political bickering? And finally, is the age of oil going through its final agony, or will the price for black gold rise again? We ask an ex-CEO of Italy’s energy giant Eni, now deputy chairman of Rothschild group - Paolo Scaroni is on Sophie&Co today.

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