Reflection on the implications that unconventional resources have for OPEC

Credits of the photo to OPEC

The OPEC (Organization of the Petroleum Exporting Countries) acknowledged the impact of the incorporation of unconventional resources into the market in the 166^th and 167^th member meetings. With ambiguity, they do not clearly express their opinion about the relation between unconventional resources and the cause of the volatility of the market in the past year.