Without knowing where they are trying to get to, Opec and friends risk missing the turning point when they need to begin relaxing their grip on supply.
ARE we there yet? We've learned two things on the oil policy of the Organization of the Petroleum Exporting Countries (Opec) and friends from meetings in Muscat, Oman and Davos. They don't know the destination, but they know they haven't got there. Since the group started their...