Skip to content
- The inability of the organization to effectively regulate oil prices since its inception.
- Ideological differences among OPEC states.
- Fall in oil prices, which leads to reduction in demand of oil and its production.
- Disagreement among members on prices to be charged per barrel of oil.
- The problem of granting production quota among member states.
- Frequent international crises, which often leads to fluctuation in oil prices.
- Violation of OPEC rules and regulations among member states.
- Political instability, which affects the volume of output and sales among most members.