Speakers:
Get 10 publications of your choice, free for 14 days, no subscription required.
Speculation is building that, after its surprise April cut failed to lift oil prices for very long, OPEC+ could use its 3rd-4th June meeting to announce further production cuts. What’s the likelihood of another move, and how would that affect the price outlook?
Economists from our Commodities and MENA teams held a special preview of the OPEC+ meeting. During the 20-minute online briefing, Chief Commodities Economist Caroline Bain and the team answered your questions as they addressed key issues, including:
- The rationale behind another production cut;
- How a production cut would affect the 2023 oil price outlook;
- Implications for the economies of Middle East producers.
This content requires an active Capital Economics subscription to view. Please log into your account or contact support@capitaleconomics.com if you are interested in a complimentary access period.
