+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here's what the 'spectrum of pain' looks like for the 12 members of OPEC

Aug 10, 2015, 17:22 IST

Venezuela's acting President and presidential candidate Nicolas Maduro wears a hat with a bird on it as he speaks during a campaign rally in the state of Vargas April 9, 2013. Venezuelans will hold presidential elections on April 14.Carlos Garcia Rawlins

Advertisement

All the OPEC members unhappy with lower oil prices, but not all are struggling equally.

"The 'spectrum of pain' is wide indeed," RBC Capital Markets' Global Head of Commodity Strategy Helima Croft wrote in a note to clients.

Some countries are smaller and richer, and thus weathering the storm relatively well.

Others are poorer and have more interal political instability - and thus face greater challenges.

Advertisement

RBC Capital Markets assessed the status of each OPEC producer, and identified which ones were doing well, and which ones were "most at risk for a meltdown in the months ahead."

Each country is given a "risk for the next year" rank, where 10 is the highest. We listed them from least at risk to most at risk.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article