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OPEC sets crude oil prices, so do they make extra billions by illegally fixing oil futures market prices also?

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OPEC sets crude oil prices, so do they make extra billions by illegally fixing oil futures market prices also?

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  1. They dont set prices.  They set a majority of the production.  Demand is the other side of the equation and its impossible to set it with any consistency or oil prices wouldnt be so volatile.  And we are still far above Saudi Arabia, and most other OPEC countries besides Kuwait and the UAE in GDP Per Capita.  And the highest Purchasing Power GDP by far.


  2. Yes. Yet the industrialized world is powerless to stop the nations of opec, since they control our oil. This has resulted in the largest transfer of wealth in human history.  
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